LTC/USDT – 1H – BUY

The combination Litecoin/Tether (LTC/USDT) jumps from the bearish trendline up.

A bullish trend up to the next resistance level at 111.860000000 is likely expected.

Caution: A possible change in the direction of the support line at 105.200000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 107.83848 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 111.860000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

111.860000000 – 115.470000000 – 115.470000000 – 105.200000000 – 106.740000000 – 109.330000000 — 39.470236488633 – 40.39812312378

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Triple top chart pattern –