LTC/USDT – 1H – BUY

Next 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 signal. The currency pair could go up.

Next a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 57.22804 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance level at 57.9 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Outside Up’ chart pattern is found. The candles form ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

57.9 – 56.43 – 56.03 – 54.76 – 54.95 – 54.99 —
57.080000000 – 56.390000000 —
57.918237984946 – 42.473738915116 —
– —
57.9 – 1778054400

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