LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline downwards
A descending movement downwards to the next support at 97.360000000 will persist.
Caution: A possible change in the direction of the resistance line at 117.380000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The candles form ‘Bullish Belt Hold’. this 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’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.030000000 |
| 2nd High | 122.730000000 |
| Next High | 117.380000000 |
| Current Price | 102.590000000 |
| Next Low | 97.360000000 |
| 2nd Low | 96.830000000 |
| 3rd Low | 96.620000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold