LTC/USDT – 1H – BUY

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

A bullish trend upwards to the next resistance line at 61.38 will persist.

Caution: A possible trend reversal in the direction of the support level at 56.87 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.

In addition a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

In addition a ‘Bearish Harami Cross’ candle chart pattern is found. The candles form ‘Bearish Harami Cross’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).

61.38 – 60.49 – 61.17 – 56.87 – 58.94 – 56.51 —
59.640000000 – 60.820000000 —
49.056333670972 – 54.828386472167 —
– —
61.38 – 1770148800

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Harami Cross – – –