LTC/USDT – 1H – BUY

The pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline up.

A bullish ascent up to the next resistance line at 114.620000000 is expected.

Caution: A possible trend reversal in the direction of the support zone at 106.700000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. this 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

114.620000000 – 116.270000000 – 124.770000000 – 111.440000000 – 111.320000000 – 112.170000000 — 43.966682139722 – 45.227808526717

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double top chart pattern – –