LTC/USDT – 1H – BUY

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

A bullish trend up to the next resistance at 58.23 is likely expected.

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

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The pair is likely to go up.

Also there is a ‘StochRSI Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘StochRSI Hidden Bullish Divergence’. which could be a positive signal. The pair is likely to go up.

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 58.445 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 58.23 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

58.23 – 58.97 – 59.33 – 56.390000000 – 56.28 – 57.05 —
57.000000000 – 57.470000000 —
45.119142759286 – 48.515141660577 —
56.390000000 – 1778853600 —
58.23 – 1778844600

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