Buy LTC/USDT – 1H – BUY

The combination Litecoin/Tether (LTC/USDT) breaks through the bullish trendline upwards

A continuation of the bullish trend up to the next resistance at 57.42 will persist.

Caution: A possible counter-trend in the direction of the support line at 54.76 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

And also a ‘Bearish Harami Cross’ candlestick chart pattern is found. The chart shows ‘Bearish Harami Cross’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).

Support & Resistance Price Range*
3rd High 59
2nd High 58.71
Next High 57.42
Current Price 56.300000000
Next Low 54.76
2nd Low 54.67
3rd Low 53.91

55.88 – 55.4 – 55.44 – 54.76 – 54.67 – 53.91 —
55.200000000 – 55.990000000 —
49.921140662022 – 64.750947720605 —
– —
55.88 – 1776780000

Trading Signals:

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