LTC/USDT – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance level at 128.150000000 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 118.250000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘StochRSI cross above 20’ indicator layout is discovered. The indicator shows ‘StochRSI cross above 20’. which could be a positive signal. The pair is likely to go up.

Next a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Next a ‘Three Outside Up’ candle chart pattern is found. The candles form ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

128.150000000 – 126.140000000 – 126.350000000 – 122.070000000 – 118.250000000 – 119.320000000 — 37.646928124729 – 39.570910456885

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – Double top retreat up – –