LTC/USDT – 4H – BUY

Next a ‘Double bottom chart pattern’ chart pattern is discovered. The chart forms ‘Double bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to go up.

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

An ascending movement upwards to the next resistance at 126.420000000 is certain.

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

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Next 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 is likely to rise.

Next 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 is likely to rise.

Next a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 129.16 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 126.420000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three White Soldiers’ candle pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

126.420000000 – 129.160000000 – 116.380000000 – 118.250000000 – 103.160000000 – 106.580000000 — 55.663011497413 – 60.118044079643

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