LTC/USDT – 30M – BUY

The currency pair Litecoin/Tether (LTC/USDT) breaks through the bullish trendline upwards

A continuation of the bullish trend up to the next resistance line at 113.500000000 is considered certain.

Caution: A possible trend reversal in the direction of the support line at 109.500000000 is also possible.
Consider stop-loss settings accordingly.

In addition a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 113.5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 113.500000000 is also possible.
Consider stop-loss settings accordingly.

In addition a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

113.500000000 – 113.310000000 – 112.230000000 – 109.500000000 – 112.150000000 – 110.880000000 — 69.588664964615 – 69.785123415526

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