LTC/USDT – 4H – BUY

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

A bullish ascent upwards to the next resistance line at 124.770000000 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 109.500000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

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

Furthermore a ‘Three White Soldiers’ candle pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish 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 ‘Three White Soldiers’ going up is 82%.

118.730000000 – 115.120000000 – 116.270000000 – 109.500000000 – 106.380000000 – 108.300000000 — 67.185403209328 – 70.715519806116

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Triple bottom chart pattern – –