LTC/USDT – 30M – BUY

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

The bullish trend up to the next resistance at 66.47 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 62.71 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 66.36 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 66.47 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Outside Up’ candlestick chart pattern is detected. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

66.47 – 69.89 – 70 – 62.71 – 64.43 – 67.72 —
65.180000000 – 65.250000000 —
54.161522064769 – 46.554748228057 —
– —
66.47000 – 1769734800

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