LTC/USDT – 1H – BUY

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

An ascending movement upwards to the next resistance level at 56.59 is certain.

Caution: A possible change in the direction of support at 53.03 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.

In addition a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.

In addition a ‘Three White Soldiers’ chart pattern is discovered. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

56.59 – 56.31 – 56.35 – 53.03 – 55.17 – 54.59 —
54.180000000 – 56.160000000 —
49.440310103646 – 65.116807998968 —
– —
56.59 – 1774083600

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –