LTC/USDT – 1H – BUY

And also a ‘Falling Wedge Chart Pattern’ chart layout is discovered. The chart picture shows ‘Falling Wedge Chart Pattern’. this is a bullish signal. The currency pair is likely to go up.

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

An ascending movement up to the next resistance at 86.050000000 will persist.

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

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 86.3414 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance level at 86.050000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

86.050000000 – 85.680000000 – 87.390000000 – 84.210000000 – 83.340000000 – 82.490000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – Northern Doji