LTC/USDT – 30M – BUY

The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.

A bullish ascent upwards to the next resistance line at 124.030000000 will continue.

Caution: A possible trend reversal in the direction of the support level at 115.610000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 119.8 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 124.030000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

Download LTC/USDT Signal Image

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers