LTC/USDT – 4H – BUY

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

A bullish movement upwards to the next resistance line at 45.55 is considered certain.

Caution: A possible change in the direction of the support level at should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 46.15 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance level at 45.55 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

45.55 – 46.15 – 43.44 – 42.92 – 43.17 – 41.14 —
45.210000000 – 44.990000000 —
59.811150389118 – 48.782747869365 —
– —
45.55 – 1783800000

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