LTC/USDT – 4H – BUY

The currency pair Litecoin/Tether (LTC/USDT) moves from the bearish trendline up.

A bullish movement upwards to the next resistance at 61.38 is likely expected.

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

There is also a ‘StochRSI %K crosses above 0.2’ indicator layout is existing. The indicator shows ‘StochRSI %K crosses above 0.2’. this is usually a bullish chart signal. The currency pair could go up.

There is also a ‘Bullish Engulfing’ candle chart pattern is existing. The candles form ‘Bullish Engulfing’. 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 chance of ‘Bullish Engulfing’ heading up is 63%.

61.38 – 70.49 – 80.97 – 55 – 66.98 – 65.9 —
59.650000000 – 52.870000000 —
44.194335539039 – 20.430541734365 —
– —
61.38 – 1770148800

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing – – –