LTC/USDT – 30M – BUY

The pair Litecoin/Tether (LTC/USDT) goes from the descending trendline up.

A bullish ascent upwards to the next resistance level at 53.71 will continue.

Caution: A possible trend reversal in the direction of support at 45.07 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The pair is likely to go up.

Next a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

Next a ‘Inverted Hammer’ candle chart pattern is discovered. The chart forms ‘Inverted Hammer’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Inverted Hammer’ heading up is 65% (Bull Market).

53.71 – 53.86 – 55.13 – 52.85 – 52.84 – 52.96 —
52.360000000 – 52.280000000 —
34.733394506436 – 41.401565759723 —
– —
53.71 – 1770777000

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Inverted Hammer – – –