LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 98.950000000 is expected.
Caution: A possible change in the direction of support at 95.820000000 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Bullish Belt Hold’ chart pattern is existing. The chart shows ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to go up. 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 | 102.030000000 |
| Next High | 98.950000000 |
| Current Price | 99.350000000 |
| Next Low | 95.820000000 |
| 2nd Low | 95.100000000 |
| 3rd Low | 91.650000000 |
97.260000000 – 96.090000000 – 97.990000000 – 95.820000000 – 95.100000000 – 91.650000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Bullish Belt Hold – Triple bottom chart pattern