LTC/USDT – 30M – BUY

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

A bullish movement up to the next resistance line at 56.27 is likely expected.

Caution: A possible trend reversal in the direction of the support line at 55.75 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.

Then a ‘MACD crosses above signal’ indicator signal is found. The indicator is ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair is likely to rise.

Then a ‘Three Outside Up’ candlestick pattern is discovered. The chart forms ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

56.27 – 55.99 – 56.55 – 55.75 – 55.12 – 54.97 —
56.330000000 – 56.280000000 —
61.532260256179 – 52.052031309718 —
– —
56.27 – 1776988800

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