LTC/USDT – 1H – BUY

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

The bullish trend upwards to the next resistance line at 128.150000000 will persist.

Caution: A possible counter-trend in the direction of support at 122.070000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘RSI cross above 70’ indicator signal is existing. The indicator shows ‘RSI cross above 70’. this is usually a bullish chart signal. The currency pair could go up.

There is also a ‘StochRSI fall below 80’ indicator signal is existing. The indicator shows ‘StochRSI fall below 80’. this is usually a bullish chart signal. The currency pair could go up.

There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 128.15 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 128.150000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. 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’ going up is 82%.

128.150000000 – 126.140000000 – 126.350000000 – 122.070000000 – 118.250000000 – 119.320000000 — 69.753943131492 – 71.093135851066

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –