Buy LTC/USDT – 4H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 63.745 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 61.38 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

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

Support & Resistance Price Range*
3rd High 80.97
2nd High 70.49
Next High 61.38
Current Price 53.380000000
Next Low 52.36
2nd Low 45.07
3rd Low

61.38 – 70.49 – 80.97 – 52.36 – 45.07 – 55 —
53.460000000 – 53.140000000 —
41.682109996491 – 44.544154260549 —
– —
61.38 – 1770148800

Trading Signals:

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