Buy LTC/USDT – 30M – BUY

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The pair is likely to go up.

In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 54.10164 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 53.73 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three Outside Up’ chart pattern is existing. The candles show ‘Three Outside Up’. this is a bullish 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 Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 55.85
2nd High 54.93
Next High 53.73
Current Price 53.740000000
Next Low 51.42
2nd Low 51
3rd Low 45.07

52.83 – 53.73 – 54.93 – 51.42 – 52.95 – 53.58 —
54.310000000 – 53.370000000 —
78.076485948647 – 40.669324717203 —
– —
52.83 – 1771525800

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