LTC/USDT – 4H – BUY

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

A bullish ascent upwards to the next resistance level at 59 is certain.

Caution: A possible trend reversal in the direction of the support level at 50.18 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 56.01898 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance level at 59 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Three Outside Up’ candle chart pattern is existing. The candles show ‘Three Outside Up’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

59 – 56.01 – 55.85 – 50.18 – 51.42 – 52.36 —
56.390000000 – 52.410000000 —
57.811234746756 – 36.796818644561 —
– —
59 – 1772049600

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – – –