Buy LTC/USDT – 1H – BUY

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

A bullish trend up to the next resistance line at 55.52 is considered certain.

Caution: A possible counter-trend in the direction of the support line at 54.23 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.

Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Additionally a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 56.8
2nd High 55.74
Next High 55.52
Current Price 54.970000000
Next Low 54.23
2nd Low 53.66
3rd Low 53.62

55.52 – 55.28 – 55.38 – 54.23 – 53.66 – 53.62 —
54.650000000 – 54.690000000 —
44.809895909369 – 46.765390354075 —
– —
55.52 – 1775833200

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