LTC/USDT – 30M – BUYThe combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance level at 88.490000000 will persist.
Caution: A possible change in the direction of the support level at 83.550000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
And also a ‘Bullish Belt Hold’ candlestick chart pattern is found. The chart shows ‘Bullish Belt Hold’. which is a bullish 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 | 94.170000000 |
| 2nd High | 89.830000000 |
| Next High | 88.490000000 |
| Current Price | 86.010000000 |
| Next Low | 83.550000000 |
| 2nd Low | 76.170000000 |
| 3rd Low |
88.490000000 – 85.540000000 – 85.950000000 – 86.210000000 – 83.550000000 – 83.780000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Bullish Belt Hold – Double top retreat up