LTC/USDT – 30M – BUY

The currency pair Litecoin/Tether (LTC/USDT) breaks through the bullish trendline up.

A continuation of the upward movement up to the next resistance line at 83.76 will continue.

Caution: A possible counter-trend in the direction of the support level at 80.1 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 84.13 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 83.76 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

83.76 – 82.74 – 82.52 – 80.1 – 79.88 – 81.27 — 63.43143425781 – 63.807112066123 — 98.711565114727 – 98.711565114727 – 96.278627589532 – 98.252625259681

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –