Buy LTC/USDT – 1H – BUY

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

A bullish trend upwards to the next resistance line at 123.200000000 will persist.

Caution: A possible counter-trend in the direction of the support level at 115.290000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

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

Next a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 133.990000000
2nd High 123.270000000
Next High 123.200000000
Current Price 117.070000000
Next Low 115.290000000
2nd Low 115.190000000
3rd Low 103.160000000

123.200000000 – 120.810000000 – 123.270000000 – 115.290000000 – 117.140000000 – 116.550000000 — 46.604765896313 – 46.712846708221

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