LTC/USDT – 30M – BUYThe currency pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline down.
A bearish descent downwards to the next support at 102.030000000 will continue.
Caution: A possible change in the direction of the resistance level at 114.900000000 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Bullish Belt Hold’ chart pattern is found. The chart forms ‘Bullish Belt Hold’. which 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 | 122.730000000 |
| 2nd High | 117.380000000 |
| Next High | 114.900000000 |
| Current Price | 103.870000000 |
| Next Low | 102.030000000 |
| 2nd Low | 97.360000000 |
| 3rd Low | 96.830000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold