Buy LTC/USDT – 30M – BUY

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

A continuation of the bullish trend upwards to the next resistance at 55.65 is likely expected.

Caution: A possible change in the direction of the support level at 54.67 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The pair is likely to go up.

Also there is a ‘Three Outside Up’ candle pattern is found. The candles show ‘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 probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 56
2nd High 55.88
Next High 55.65
Current Price 55.600000000
Next Low 54.67
2nd Low 53.33
3rd Low 52.95

55.65 – 54.93 – 53.34 – 54.67 – 53.33 – 53.77 —
55.260000000 – 55.410000000 —
57.706145068209 – 54.712330672202 —
– —
55.65 – 1771277400

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