LTC/USDT – 30M – BUY

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

A bullish ascent upwards to the next resistance line at 61.38 is expected.

Caution: A possible reversal of the trend in the direction of the support line at 56.87 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.

Next a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

61.38 – 60.46 – 60.49 – 56.87 – 59.35 – 58.94 —
59.610000000 – 60.200000000 —
48.130312320668 – 53.091333614312 —
– —
61.38 – 1770150600

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –