Buy LTC/USDT – 1H – BUY

The pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline up.

A continuation of the upward movement upwards to the next resistance level at 128.150000000 is expected.

Caution: A possible trend reversal in the direction of the support zone at 118.250000000 should be noted.
Consider stop-loss settings accordingly.

Besides a ‘RSI cross above 30’ indicator signal is detected. The indicator shows ‘RSI cross above 30’. this is usually a bullish chart signal. The currency pair could go up.

Besides a ‘StochRSI cross above 20’ indicator signal is detected. The indicator shows ‘StochRSI cross above 20’. this is usually a bullish chart signal. The currency pair could go up.

Besides a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.

Besides a ‘Three Outside Up’ candlestick pattern is discovered. The chart forms ‘Three Outside Up’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 129.160000000
Next High 128.150000000
Current Price 121.290000000
Next Low 118.250000000
2nd Low 117.370000000
3rd Low 115.190000000

128.150000000 – 126.140000000 – 126.350000000 – 122.070000000 – 118.250000000 – 119.320000000 — 41.114859798686 – 50.778164486055

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