Buy LTC/USDT – 1H – BUY

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

A bullish trend upwards to the next resistance at 81.78 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 75.26 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which could be a positive chart signal. The pair is likely to go up.

Also there is a ‘Three Outside Up’ candlestick pattern is detected. The chart forms ‘Three Outside Up’. which is a positive chart scenario. 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 84.89
2nd High 82.42
Next High 81.78
Current Price 79.320000000
Next Low 75.26
2nd Low 75.22
3rd Low 72.64

81.78 – 82.42 – 81.99 – 75.26 – 75.6 – 77.74 — 59.310579622239 – 66.35846956505 — 87.094093209975 – 91.065927295132 – 89.561199620422 – 88.722883983531

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