LTC/USDT – 30M – BUY

The pair Litecoin/Tether (LTC/USDT) jumps from the bearish trendline upwards

An ascent upwards to the next resistance at 56.8 is likely expected.

Caution: A possible change in the direction of the support zone at 55.22 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Bullish Engulfing’ chart pattern is discovered. The chart shows ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.

56.8 – 56.36 – 56.61 – 55.22 – 55.77 – 55.75 —
55.430000000 – 55.780000000 —
37.198888161965 – 37.696115076686 —
– —
56.8 – 1777260600

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing – – –