LTC/USDT – 4H – BUYIn addition a ‘Double bottom chart pattern’ chart formation is discovered. The chart picture forms ‘Double bottom chart pattern’. this is a bullish chart scenario. The pair is likely to go up.
In addition a ‘Bullish Belt Hold’ candle chart pattern is detected. The chart forms ‘Bullish Belt Hold’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 102.940000000 |
| 2nd High | 98.950000000 |
| Next High | 94.170000000 |
| Current Price | 92.690000000 |
| Next Low | 85.160000000 |
| 2nd Low | 84.750000000 |
| 3rd Low | 83.550000000 |
92.290000000 – 86.050000000 – 87.390000000 – 85.160000000 – 84.750000000 – 83.550000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern