LTC/USDT – 1H – BUY

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

An ascent up to the next resistance line at 55.53 will persist.

Caution: A possible counter-trend in the direction of the support zone at could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.

Besides a ‘Three Outside Up’ candle pattern is found. 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 probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

55.53 – 54.95 – 59 – 52.47 – 51.47 – 50.18 —
53.920000000 – 53.510000000 —
45.528367673563 – 40.816617759784 —
– —
55.53 – 1772330400

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