LTC/USDT – 30M – BUY

The pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance level at 55.13 will continue.

Caution: A possible change in the direction of the support line at 52.96 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 54.18 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 55.13 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three White Soldiers’ candlestick chart pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. 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’ going up is 82%.

55.13 – 55.49 – 55.88 – 52.96 – 52.36 – 53.65 —
53.580000000 – 53.080000000 —
40.468061002469 – 37.052190132785 —
– —
55.13 – 1770667200

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Double top retreat up – –