LTC/USDT – 30M – BUYNext a ‘Double bottom chart pattern’ chart formation is found. The chart picture shows ‘Double bottom chart pattern’. which is a positive pattern signal. The pair is likely to go up.
The pair Litecoin/Tether (LTC/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 99.960000000 is expected.
Caution: A possible change in the direction of the support zone at 95.560000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bullish Belt Hold’ candle pattern is discovered. 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 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 | 99.960000000 |
| Current Price | 100.710000000 |
| Next Low | 95.560000000 |
| 2nd Low | 95.100000000 |
| 3rd Low | 91.650000000 |
99.960000000 – 97.260000000 – 96.090000000 – 95.560000000 – 95.820000000 – 95.100000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern