The pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 56.55 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 54.9 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The pair is likely to go up.
Besides a ‘Bullish Belt Hold’ candlestick pattern is discovered. The candles show ‘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 chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 57.42 |
| 2nd High | 56.66 |
| Next High | 56.55 |
| Current Price | 55.150000000 |
| Next Low | 54.9 |
| 2nd Low | 54.76 |
| 3rd Low | 54.67 |
56.55 – 56.48 – 55.88 – 54.9 – 55.8 – 54.76 —
55.350000000 – 55.150000000 —
41.094316411954 – 38.955646190173 —
– —
56.55 – 1776870000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – Rising Wedge Chart Pattern – –