LTC/USDT – 1H – BUY

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

An ascent upwards to the next resistance line at 54.41 will continue.

Caution: A possible reversal of the trend in the direction of the support zone at 53.06 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.

There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.

There is also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

There is also a ‘Three Outside Up’ candle chart pattern is existing. The candles show ‘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 success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

54.41 – 54.93 – 55.18 – 53.06 – 52.22 – 53.64 —
54.020000000 – 53.860000000 —
47.466794453544 – 45.839784286812 —
– —
54.41 – 1774857600

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