LTC/USDT – 1H – BUY

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

An ascent up to the next resistance level at 85.73 is certain.

Caution: A possible trend reversal in the direction of the support level at 83.14 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Latter Bottom’ candle pattern is discovered. The chart shows ‘Latter Bottom’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).

85.73 – 86.77 – 87.8 – 83.14 – 83.5 – 83.28 — 45.256496322401 – 52.442980831138 — 58.977975480091 – 58.977975480091 – 79.669013112552 – 66.640145624631

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Latter Bottom – Triple bottom chart pattern – –