LTC/USDT – 1H – BUY

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

An ascending movement up to the next resistance line at 56.8 is expected.

Caution: A possible reversal of the trend in the direction of the support zone at 54.81 could occur.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.

Next a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.

Next a ‘Bullish Belt Hold’ candle chart pattern is found. The chart shows ‘Bullish Belt Hold’. this is a bullish chart scenario. 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).

55.27 – 54.76 – 55.71 – 54.81 – 53.78 – 52.66 —
55.630000000 – 55.980000000 —
66.564016273777 – 49.509529231362 —
– —
55.27 – 1776171600

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