LTC/USDT – 4H – BUY

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

An ascent up to the next resistance at 55.85 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.

Moreover a ‘Three White Soldiers’ candle chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

55.85 – 55.7 – 61.38 – 52.36 – 45.07 – 55 —
53.730000000 – 54.330000000 —
44.583197657 – 50.148033501664 —
– —
55.85 – 1771315200

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –