LTC/USDT – 30M – BUY

The currency pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance at 95.310000000 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 90.750000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 96.70002 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance level at 95.310000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

95.310000000 – 94.060000000 – 98.320000000 – 90.750000000 – 92.460000000 – 92.670000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – Northern Doji –