LTC/USDT – 4H – BUYThe combination Litecoin/Tether (LTC/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 92.290000000 is considered certain.
Caution: A possible trend reversal in the direction of support at 84.750000000 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Bullish Belt Hold’ candlestick chart pattern is found. The candles show ‘Bullish Belt Hold’. this 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 likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.950000000 |
| 2nd High | 94.170000000 |
| Next High | 92.290000000 |
| Current Price | 95.840000000 |
| Next Low | 84.750000000 |
| 2nd Low | 83.550000000 |
| 3rd Low | 76.170000000 |
92.290000000 – 86.050000000 – 87.390000000 – 84.750000000 – 83.550000000 – 76.170000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Bullish Belt Hold –