LTC/USDT – 1H – BUY

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

A bullish trend up to the next resistance at 55.28 is likely expected.

Caution: A possible change in the direction of support at 53.43 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair could go up.

And also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

And also a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish 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 White Soldiers’ going up is 82%.

55.28 – 55 – 54.75 – 53.43 – 53.62 – 51.88 —
54.980000000 – 54.510000000 —
52.490880895135 – 49.638749748849 —
– —
55.28 – 1773266400

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