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 level at 113.500000000 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 109.500000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.

And also a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 116.270000000
2nd High 114.620000000
Next High 113.500000000
Current Price 113.330000000
Next Low 109.500000000
2nd Low 108.710000000
3rd Low 106.380000000

113.500000000 – 113.000000000 – 111.350000000 – 109.500000000 – 108.710000000 – 106.380000000 — 56.284145821913 – 56.808101454648

Trading Signals:

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