LTC/USDT – 30M – BUY

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

An ascent upwards to the next resistance line at 53.15 is likely expected.

Caution: A possible change in the direction of the support level at 51.4 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Outside Up’ candle chart pattern is found. The candles form ‘Three Outside Up’. which is a bullish pattern signal. The pair is likely to go up. 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).

53.15 – 52.32 – 54.6 – 51.4 – 53.72 – 53.72 —
52.960000000 – 52.940000000 —
70.672777194987 – 61.230085963442 —
– —
53.15 – 1775194200

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