LTC/USDT – 1H – BUY

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

A continuation of the upward movement upwards to the next resistance at 119.470000000 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 113.370000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 115.695 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 119.470000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

119.470000000 – 118.120000000 – 115.870000000 – 113.370000000 – 113.130000000 – 112.000000000 — 45.926239432163 – 46.164672873222

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