Buy LTC/USDT – 1H – BUY

The currency pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance at 115.420000000 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 111.900000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.

Also there is a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.

Also there is a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 124.770000000
2nd High 116.270000000
Next High 115.420000000
Current Price 114.080000000
Next Low 111.900000000
2nd Low 111.230000000
3rd Low 109.500000000

115.420000000 – 115.410000000 – 115.120000000 – 111.900000000 – 111.230000000 – 109.500000000 — 56.605597428679 – 58.795746129674

Trading Signals:

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