LTC/USDT – 30M – BUY

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

The bullish trend upwards to the next resistance line at 122.340000000 is expected.

Caution: A possible trend reversal in the direction of the support line at 117.370000000 is also possible.
Consider stop-loss settings accordingly.

Next a ‘RSI cross above 70’ indicator signal is detected. The indicator shows ‘RSI cross above 70’. which could be a negative chart scenario. The pair is likely to go down.

Next a ‘StochRSI fall below 80’ indicator signal is detected. The indicator shows ‘StochRSI fall below 80’. which could be a negative chart scenario. The pair is likely to go down.

Next a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

122.340000000 – 121.130000000 – 129.160000000 – 117.370000000 – 117.900000000 – 115.190000000 — 57.212462216476 – 57.812900359379

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