LTC/USDT – 30M – BUY

The pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline upwards

A continuation of the upward movement up to the next resistance at 54.91 is expected.

Caution: A possible counter-trend in the direction of the support level at 52.94 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The chart shows ‘Bullish Belt Hold’. this is a bullish signal. The 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).

54.91 – 56.01 – 55.6 – 52.94 – 54.3 – 54.91 —
53.610000000 – 53.250000000 —
35.100409850016 – 31.574582556189 —
– —
54.91 – 1771754400

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – – –