LTC/USDT – 1H – BUY

The currency pair Litecoin/Tether (LTC/USDT) breaks through the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance at 59 will continue.

Caution: A possible change in the direction of the support level at 50.18 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Bearish SBS White Lines’ chart pattern is found. The candles show ‘Bearish SBS White Lines’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

59 – 56.01 – 55.47 – 50.18 – 52.71 – 51.42 —
58.460000000 – 56.860000000 —
70.714079152626 – 57.504531627981 —
– —
59 – 1772053200

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish SBS White Lines – – –