LTC/USDT – 30M – BUY

The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.

A bullish trend up to the next resistance line at 114.840000000 will continue.

Caution: A possible counter-trend in the direction of the support line at 100.560000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 118.23 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 114.840000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three White Soldiers’ chart pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

Download LTC/USDT Signal Image

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers