LTC/USDT – 1H – BUY

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

An ascending movement upwards to the next resistance at 126.140000000 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 118.250000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.

In addition a ‘RSI fall below 70’ indicator signal is detected. The indicator shows ‘RSI fall below 70’. which could be a positive chart signal. The currency pair could go up.

In addition a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 126.42 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 126.140000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

126.140000000 – 126.350000000 – 126.420000000 – 118.250000000 – 119.320000000 – 117.370000000 — 56.344356141077 – 58.080628281979

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Rising Wedge Chart Pattern – –