LTC/USDT – 30M – BUY

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

An ascending movement upwards to the next resistance level at 120.830000000 will persist.

Caution: A possible change in the direction of support at 115.740000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Bullish Engulfing’ candlestick chart pattern is detected. The chart forms ‘Bullish Engulfing’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.

120.830000000 – 116.960000000 – 117.680000000 – 115.740000000 – 117.800000000 – 114.920000000 — 24.744858315145 – 28.361704273819

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing – – –