LTC/USDT – 1H – BUY

The combination Litecoin/Tether (LTC/USDT) moves from the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance line at 128.150000000 is considered certain.

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

Moreover a ‘RSI cross above 70’ indicator layout is discovered. The indicator is ‘RSI cross above 70’. this is usually a bullish chart signal. The currency pair could go up.

Moreover a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator is ‘StochRSI fall below 80’. this is usually a bullish chart signal. The currency pair could go up.

Moreover a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 125.60592 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 128.150000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three White Soldiers’ chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

128.150000000 – 126.140000000 – 126.350000000 – 122.070000000 – 118.250000000 – 119.320000000 — 63.53530217163 – 65.440931787619

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –