LTC/USDT – 30M – BUY

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

A bullish trend upwards to the next resistance level at 69.05 is likely expected.

Caution: A possible counter-trend in the direction of the support line at 68 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. which could be a positive signal. The currency pair could go up.

And also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 69.07824 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 69.05 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. which is a positive pattern signal. 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).

69.05 – 69.71 – 69.39 – 68 – 66.03 – 65.9 —
67.970000000 – 68.330000000 —
30.556179482907 – 44.894227988532 —
– —
69.05000 – 1769074200

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double top retreat up – –