LTC/USDT – 1H – BUY

The combination Litecoin/Tether (LTC/USDT) jumps from the ascending trendline up.

A continuation of the upward movement upwards to the next resistance line at 61.38 is expected.

Caution: A possible counter-trend in the direction of the support line at 56.87 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘StochRSI %K crosses above 0.2’ indicator signal is discovered. The indicator shows ‘StochRSI %K crosses above 0.2’. which is often a bullish chart signal. The pair is likely to go up.

In addition a ‘Latter Bottom’ candlestick pattern is detected. The chart shows ‘Latter Bottom’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).

61.38 – 60.49 – 61.17 – 56.87 – 58.94 – 56.51 —
60.870000000 – 58.490000000 —
52.837844821108 – 34.512598963357 —
– —
61.38 – 1770148800

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Latter Bottom – Double top retreat up – –