LTC/USDT – 1H – BUY

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

A continuation of the uptrend up to the next resistance line at 59.14 is likely expected.

Caution: A possible trend reversal in the direction of the support line at 56.05 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Three Outside Up’ candle chart pattern is discovered. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The currency 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).

59.14 – 57.4 – 57.9 – 56.05 – 56.17 – 54.76 —
58.780000000 – 57.870000000 —
64.909641472777 – 44.843183335368 —
– —
59.14 – 1778288400

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