LTC/USDT – 30M – BUY

The combination Litecoin/Tether (LTC/USDT) goes from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance at 55.64 will persist.

Caution: A possible reversal of the trend in the direction of the support line at 55.04 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.

And also a ‘RSI Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘RSI Hidden Bullish Divergence’. which is often a bullish chart signal. The currency pair is likely to rise.

And also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 56.03 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 55.64 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Outside Up’ chart pattern is detected. The chart shows ‘Three Outside Up’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

55.64 – 55.99 – 55.73 – 55.04 – 54.93 – 54.35 —
55.470000000 – 55.110000000 —
52.849319572993 – 39.138764851296 —
– —
55.64 – 1777604400

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – Symmetrical Triangle Chart Pattern – –