LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance at 84.71 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 83.41 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bullish Belt Hold’ candlestick pattern is existing. The candles show ‘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 chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 85.73 |
| 2nd High | 84.72 |
| Next High | 84.71 |
| Current Price | 84.410000000 |
| Next Low | 83.41 |
| 2nd Low | 83.14 |
| 3rd Low | 83.08 |
84.71 – 84.54 – 84.72 – 83.41 – 83.14 – 83.98 — 44.650004753745 – 54.284061846773 — 7.6366227823413 – 16.613880675099 – 30.67089256467 – 16.622815756834
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – Triple bottom chart pattern – –