LTC/USDT – 1H – BUY

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

A bullish trend up to the next resistance at 44.04 will persist.

Caution: A possible trend reversal in the direction of the support level at 42.99 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart forms ‘Three White Soldiers’. 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 likelyhood of ‘Three White Soldiers’ heading up is 82%.

44.04 – 45.95 – 46.07 – 42.99 – 44.41 – 45.3 —
43.920000000 – 43.510000000 —
38.797419691773 – 40.054112953425 —
– —
44.04 – 1781834400

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