The combination Litecoin/Tether (LTC/USDT) goes from the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 98.950000000 is likely expected.
Caution: A possible change in the direction of the support zone at 95.820000000 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.
Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
Also there is a ‘Bullish Belt Hold’ candlestick pattern is discovered. The candles form ‘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 probability of ‘Bullish Belt Hold’ going 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 | 98.380000000 |
| 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 –