LTC/USDT – 1H – BUY

The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards

A bullish movement up to the next resistance at 56.03 is certain.

Caution: A possible counter-trend in the direction of the support level at 54.9 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘RSI Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘RSI Hidden Bullish Divergence’. Dieses ist oftmals ein bullisches chart signal. Das Paar tendiert eventuell nach oben.

Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.

Besides a ‘Bearish SBS White Lines’ candle chart pattern is found. The candles show ‘Bearish SBS White Lines’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

56.03 – 55.64 – 55.99 – 54.9 – 55.04 – 54.35 —
55.340000000 – 55.080000000 —
47.031581964489 – 38.521881768738 —
– —
56.03 – 1777662000

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish SBS White Lines – Rising Wedge Chart Pattern – –