LTC/USDT – 30M – BUYAnd also a ‘Double bottom chart pattern’ chart pattern is detected. The chart shows ‘Double bottom chart pattern’. which is a positive signal. The currency pair is likely to go up.
The combination Litecoin/Tether (LTC/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 99.960000000 is certain.
Caution: A possible trend reversal in the direction of support at 95.560000000 is also possible.
Consider stop-loss settings accordingly.
And also a ‘Bullish Belt Hold’ candle pattern is found. The chart forms ‘Bullish Belt Hold’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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