LTC/USDT – 30M – BUYThe combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance at 82.42 will continue.
Caution: A possible trend reversal in the direction of the support level at 80.99 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The candles show ‘Bullish Belt Hold’. this is a bullish signal. 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’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84.15 |
| 2nd High | 83.96 |
| Next High | 82.42 |
| Current Price | 81.240000000 |
| Next Low | 80.99 |
| 2nd Low | 80.8 |
| 3rd Low | 79.91 |
82.42 – 81.99 – 82.12 – 80.99 – 80.8 – 79.91 — 36.053153808957 – 46.307033619345 — 12.956659534574 – 37.514713774778 – 23.194360228593 – 26.200669040992
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – – –