LTC/USDT – 30M – BUY

The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.

An ascending movement up to the next resistance level at 52.97 is considered certain.

Caution: A possible reversal of the trend in the direction of the support zone at 51.03 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.

Moreover a ‘Three Outside Up’ candlestick pattern is discovered. The candles form ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

52.97 – 51.85 – 51.13 – 51.03 – 50.18 – 50.23 —
52.800000000 – 52.740000000 —
66.008109254587 – 61.480514964297 —
– —
52.97 – 1771984800

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