LTC/USDT – 1H – BUY

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

The bullish trend upwards to the next resistance line at 44.59 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 42.99 could happen.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.

Then a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Then a ‘Three White Soldiers’ candlestick chart pattern is found. The candles form ‘Three White Soldiers’. 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 chance of ‘Three White Soldiers’ heading up is 82%.

44.59 – 44.04 – 45.95 – 42.99 – 44.41 – 45.3 —
44.160000000 – 44.040000000 —
46.929975335182 – 51.535548331754 —
– —
44.59 – 1781884800

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –