Buy LTC/USDT – 30M – BUY

The combination Litecoin/Tether (LTC/USDT) goes from the ascending trendline up.

A continuation of the uptrend upwards to the next resistance at 86.77 is expected.

Caution: A possible trend reversal in the direction of support at 82.16 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Outside Up’ chart pattern is discovered. The chart forms ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 89.04
2nd High 87.8
Next High 86.77
Current Price 83.630000000
Next Low 82.16
2nd Low 74.66
3rd Low 52.71

86.77 – 85.97 – 78.53 – 82.16 – 83.68 – 74.66 — 41.144279117728 – 48.032978369814 — 9.5128538561568 – 41.775866093161 – 3.1709512853856 – 17.096239983106

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