Buy LTC/USDT – 1H – BUY

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

A continuation of the bullish trend upwards to the next resistance line at 116.270000000 will continue.

Caution: A possible reversal of the trend in the direction of the support zone at 112.170000000 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.

And also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

And also a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 133.990000000
2nd High 124.770000000
Next High 116.270000000
Current Price 114.140000000
Next Low 112.170000000
2nd Low 106.700000000
3rd Low 103.160000000

116.270000000 – 124.770000000 – 122.130000000 – 112.170000000 – 106.700000000 – 120.400000000 — 57.833208703909 – 58.232812162228

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