LTC/USDT – 1H – BUY

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

A continuation of the upward movement upwards to the next resistance line at 56.43 is certain.

Caution: A possible counter-trend in the direction of the support zone at 54.95 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘RSI Bullish Divergence’ indicator signal is discovered. The indicator is ‘RSI Bullish Divergence’. In der Regel bedeutet das ein negatives chart scenario. Das Paar tendiert eventuell nach unten.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 55.635 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 56.43 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Three Outside Up’ candle chart pattern is discovered. The chart shows ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

56.43 – 56.03 – 55.64 – 54.95 – 54.99 – 54.84 —
55.070000000 – 55.260000000 —
39.039816604197 – 46.874854823353 —
– —
56.43 – 1777867200

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