Buy LTC/USDT – 30M – BUY

Furthermore a ‘Falling Wedge Chart Pattern’ chart pattern is discovered. The chart shows ‘Falling Wedge Chart Pattern’. this is a bullish signal. The pair is likely to go up.

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

A bullish ascent upwards to the next resistance at 86.050000000 is considered certain.

Caution: A possible trend reversal in the direction of support at 84.640000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

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

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 85.41044 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 86.050000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. 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).

Support & Resistance Price Range*
3rd High 89.830000000
2nd High 87.390000000
Next High 86.050000000
Current Price 85.030000000
Next Low 84.640000000
2nd Low 84.450000000
3rd Low 83.720000000

86.050000000 – 85.600000000 – 85.330000000 – 84.640000000 – 84.450000000 – 83.720000000

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