LTC/USDT – 1H – BUY

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

A continuation of the bullish trend up to the next resistance at 59 will persist.

Caution: A possible counter-trend in the direction of the support level at 50.18 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Bearish SBS White Lines’ candlestick pattern is detected. The candles show ‘Bearish SBS White Lines’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

59 – 56.01 – 55.47 – 50.18 – 52.71 – 51.42 —
58.460000000 – 56.860000000 —
70.714079152626 – 57.504531627981 —
– —
59 – 1772053200

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish SBS White Lines – – –