LTC/USDT – 1H – BUY

The pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance at 61.17 is likely expected.

Caution: A possible change in the direction of the support line at 58.94 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.

And also a ‘Bullish Belt Hold’ candlestick 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).

61.17 – 59.73 – 66.02 – 58.94 – 56.51 – 55 —
60.270000000 – 60.290000000 —
54.640365151422 – 54.679130382464 —
– —
61.17 – 1770048000

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern – –