LTC/USDT – 30M – BUY

The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards

A bullish movement upwards to the next resistance line at 114.350000000 is expected.

Caution: A possible counter-trend in the direction of the support zone at 108.890000000 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 115.59 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 114.350000000 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Three White Soldiers’ candle chart pattern is detected. The candles show ‘Three White Soldiers’. which is a positive signal. The 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%.

114.350000000 – 122.290000000 – 119.860000000 – 108.890000000 – 112.800000000 – 112.590000000

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Double top retreat up –