LTC/USDT – 1H – BUY

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

A continuation of the bullish trend up to the next resistance line at 48.56 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 43.73 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Advance Block’ candle chart pattern is discovered. The candles show ‘Advance Block’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Advance Block’ going down is 64% (Bull Market) & 61% (Bear Market).

44.69 – 43.54 – 42.95 – 43.73 – 42.19 – 41.91 —
45.400000000 – 46.150000000 —
72.19708224137 – 65.818580352947 —
– —
44.69 – 1781398800

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Advance Block – – –