LTC/USDT – 30M – BUY

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

The bullish trend upwards to the next resistance at 44.33 is likely expected.

Caution: A possible trend reversal in the direction of the support level at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The pair is likely to go up.

Also there is a ‘Three Outside Up’ candle pattern is existing. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

44.33 – 44.69 – 44.14 – 43.730000000 – 43.9 – 43.56 —
43.980000000 – 44.050000000 —
42.489366715775 – 43.998903665558 —
43.730000000 – 1781447400 —
44.33 – 1781433000

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