Buy LTC/USDT – 30M – BUY

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

A bullish movement up to the next resistance line at 58.32 is expected.

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

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

Furthermore a ‘Three Outside Up’ candlestick chart pattern is discovered. The chart forms ‘Three Outside Up’. which is a bullish pattern signal. The currency 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).

Support & Resistance Price Range*
3rd High 59.49
2nd High 59.14
Next High 58.32
Current Price 58.110000000
Next Low
2nd Low
3rd Low

58.32 – 59.14 – 58.99 – 57.66 – 57.62 – 56.05 —
57.960000000 – 58.120000000 —
45.177563255231 – 49.673679311084 —
– —
58.32 – 1778365800

Trading Signals:

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