LTC/USDT – 30M – BUY

The currency pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline up.

A continuation of the uptrend up to the next resistance level at 55.64 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 55.04 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.

Then a ‘Three Outside Up’ candle pattern is found. The chart shows ‘Three Outside Up’. this 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 probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

55.64 – 55.99 – 55.73 – 55.04 – 54.93 – 54.35 —
55.620000000 – 55.280000000 —
52.814887352643 – 44.312623813208 —
– —
55.64 – 1777604400

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