LTC/USDT – 4H – BUY

The currency pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance at 56.8 will continue.

Caution: A possible trend reversal in the direction of the support level at 53.03 could happen.
Consider stop-loss settings accordingly.

And also a ‘Three Outside Up’ candle pattern is found. The chart forms ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

56.8 – 56.59 – 58.71 – 53.03 – 54.59 – 51.88 —
55.040000000 – 53.790000000 —
41.206913096763 – 37.118084655673 —
– —
56.8 – 1774468800

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – – –