Buy LTC/USDT – 4H – BUY

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

A continuation of the uptrend upwards to the next resistance level at 57.66 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 51.47 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Three Outside Up’ candlestick chart pattern is discovered. The chart forms ‘Three Outside Up’. which 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 ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 61.38
2nd High 59
Next High 57.66
Current Price 53.860000000
Next Low 51.47
2nd Low 50.18
3rd Low 45.07

57.66 – 55.72 – 59 – 51.47 – 50.18 – 51.42 —
56.610000000 – 53.790000000 —
55.129598815207 – 38.097522262192 —
– —
57.66 – 1772640000

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