LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 88.490000000 is certain.
Caution: A possible reversal of the trend in the direction of the support line at could happen.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.
There is also a ‘Bullish Belt Hold’ candle pattern is found. The chart forms ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.950000000 |
| 2nd High | 94.170000000 |
| Next High | 88.490000000 |
| Current Price | 86.640000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
88.490000000 – 85.950000000 – 85.470000000 – 84.750000000 – 83.550000000 – 83.780000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Bullish Belt Hold –