Buy LTC/USDT – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance line at 55.84 is certain.

Caution: A possible change in the direction of the support zone at 54.37 could be enabled.
Consider stop-loss settings accordingly.

Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.

Additionally a ‘Tweezers Bottom’ chart pattern is detected. The candles form ‘Tweezers Bottom’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).

Support & Resistance Price Range*
3rd High 56.71
2nd High 56.05
Next High 55.84
Current Price 54.550000000
Next Low 54.37
2nd Low 54
3rd Low 53.8

55.84 – 56.05 – 56.71 – 54.37 – 55.15 – 54 —
54.740000000 – 54.520000000 —
39.927203628266 – 37.278432913118 —
– —
55.84 – 1773460800

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