LTC/USDT – 1H – BUY

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

An ascending movement upwards to the next resistance line at 115.470000000 will continue.

Caution: A possible counter-trend in the direction of the support level at 106.740000000 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘RSI cross above 30’ indicator layout is detected. The indicator is ‘RSI cross above 30’. which could be a positive signal. The currency pair is likely to rise.

Moreover a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 111.48 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 115.470000000 should be noted.
Consider stop-loss settings accordingly.

115.470000000 – 115.470000000 – 116.380000000 – 106.740000000 – 109.330000000 – 108.180000000 — 48.575774135008 – 51.321098393518

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Triple top chart pattern –