LTC/USDT – 4H – BUY

Next a ‘Double bottom chart pattern’ chart formation is detected. The formation shows ‘Double bottom chart pattern’. this is a bullish signal. The currency pair is likely to go up.

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

A bullish trend upwards to the next resistance at 126.420000000 will continue.

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

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.

Next a ‘RSI cross above 70’ indicator layout is existing. The indicator is ‘RSI cross above 70’. which could be a positive signal. The currency pair is likely to rise.

Next a ‘StochRSI fall below 80’ indicator layout is existing. The indicator is ‘StochRSI fall below 80’. which could be a positive signal. The currency pair is likely to rise.

Next a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive 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 continue. Current target is 129.16 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 126.420000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three White Soldiers’ chart pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

126.420000000 – 129.160000000 – 116.380000000 – 118.250000000 – 103.160000000 – 106.580000000 — 55.663011497413 – 60.118044079643

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