LTC/USDT – 30M – BUY

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

The bullish trend up to the next resistance level at 116.960000000 is expected.

Caution: A possible counter-trend in the direction of support at 114.720000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.

And also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 117.18892 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 116.960000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency 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).

116.960000000 – 117.680000000 – 117.800000000 – 114.720000000 – 112.950000000 – 115.920000000 — 54.073934878731 – 56.736256379392

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