LTC/USDT – 30M – BUY

The pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.

The bullish trend upwards to the next resistance at 55.44 is expected.

Caution: A possible change in the direction of the support level at should be noted.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 55.74916 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 55.44 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Three Line Strike – Bullish’ candle pattern is existing. The chart shows ‘Three Line Strike – Bullish’. 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 probability of ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).

55.44 – 55.71 – 56.03 – 54.84 – 55.05 – 55.13 —
55.380000000 – 55.620000000 —
56.807559167359 – 62.761015910068 —
– —
55.44 – 1777737600

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Line Strike – Bullish – – –