Buy LTC/USDT – 1H – BUY

The pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline up.

A continuation of the upward movement upwards to the next resistance at 116.960000000 is considered certain.

Caution: A possible counter-trend in the direction of support at 112.950000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Additionally a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 124.770000000
2nd High 118.730000000
Next High 116.960000000
Current Price 116.150000000
Next Low 112.950000000
2nd Low 111.900000000
3rd Low 111.230000000

116.960000000 – 118.730000000 – 115.420000000 – 112.950000000 – 111.900000000 – 111.230000000 — 53.495101569944 – 55.43564166619

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