LTC/USDT – 4H – BUY

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair is likely to rise.

Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 52.26152 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 57.66 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Matching Low’ candlestick pattern is found. The chart forms ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

57.66 – 55.72 – 59 – 51.88 – 51.47 – 50.18 —
54.120000000 – 54.690000000 —
49.039478230257 – 52.444663560079 —
– —
57.66 – 1772640000

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Matching Low – – –