LTC/USDT – 1H – BUY

The combination Litecoin/Tether (LTC/USDT) goes from the ascending trendline up.

A continuation of the upward movement up to the next resistance line at 55.72 is certain.

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

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair could go up.

And also a ‘MACD crosses above signal’ indicator signal is existing. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.

And also a ‘Three Outside Up’ candle pattern is detected. The chart forms ‘Three Outside Up’. which is a positive 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’ going up is 75% (Bull Market) & 74% (Bear Market).

55.72 – 55.53 – 54.95 – 52.47 – 51.47 – 50.18 —
54.300000000 – 54.290000000 —
47.696346296846 – 42.699149355411 —
– —
55.72 – 1772467200

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