LTC/USDT – 1H – BUY

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

A continuation of the uptrend up to the next resistance line at 114.620000000 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at 109.500000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 113.5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 114.620000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

113.500000000 – 113.000000000 – 111.350000000 – 109.500000000 – 108.710000000 – 106.380000000 — 68.198199152549 – 68.355908998207

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double bottom chart pattern – –