The pair Litecoin/Tether (LTC/USDT) goes from the descending trendline upwards
A bullish trend up to the next resistance at 55.72 will continue.
Caution: A possible trend reversal in the direction of support at 54.7 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.
There is also a ‘Bullish Belt Hold’ candle chart pattern is discovered. The chart shows ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 57.42 |
| 2nd High | 56.66 |
| Next High | 55.72 |
| Current Price | 54.840000000 |
| Next Low | 54.7 |
| 2nd Low | 54.59 |
| 3rd Low | 53.78 |
55.72 – 56.66 – 57.42 – 54.7 – 55.24 – 55.56 —
55.710000000 – 54.770000000 —
57.482844314971 – 33.741389227082 —
– —
55.72 – 1776603600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – – –