LTC/USDT – 30M – BUY

The combination Litecoin/Tether (LTC/USDT) goes from the bullish trendline upwards

A continuation of the uptrend up to the next resistance at 56.35 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 54.84 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

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

Next a ‘Bullish Engulfing’ chart pattern is detected. The candles show ‘Bullish Engulfing’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.

56.35 – 56.33 – 58.71 – 54.84 – 55.3 – 54.93 —
55.270000000 – 55.100000000 —
33.281753045454 – 43.551556979142 —
– —
56.35 – 1773889200

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing – – –