LTC/USDT – 30M – BUY

The pair Litecoin/Tether (LTC/USDT) breaks through the ascending trendline up.

A continuation of the uptrend up to the next resistance level at 102.030000000 is considered certain.

Caution: A possible reversal of the trend in the direction of support at 95.560000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 99.96 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 102.030000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

99.960000000 – 97.260000000 – 96.090000000 – 95.560000000 – 95.820000000 – 95.100000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – Three White Soldiers – Triple bottom chart pattern