LTC/USDT – 1H – BUY

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

An ascending movement upwards to the next resistance line at 113.500000000 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 109.500000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.

Besides a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Besides a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

113.500000000 – 113.000000000 – 111.350000000 – 109.500000000 – 108.710000000 – 106.380000000 — 53.339099623775 – 54.305754212265

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –