The pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance at 126.420000000 is certain.
Caution: A possible trend reversal in the direction of the support line at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.
Also there is a ‘RSI cross above 70’ indicator layout is detected. The indicator is ‘RSI cross above 70’. which is often a bullish signal. The currency pair is likely to rise.
Also there is a ‘StochRSI cross above 20’ indicator layout is detected. The indicator is ‘StochRSI cross above 20’. which is often a bullish signal. The currency pair is likely to rise.
Also there is a ‘Bullish Belt Hold’ candlestick pattern is detected. The candles form ‘Bullish Belt Hold’. which is a positive 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 | |
| 2nd High | 129.160000000 |
| Next High | 126.420000000 |
| Current Price | 123.650000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
126.420000000 – 123.990000000 – 124.390000000 – 119.320000000 – 117.370000000 – 117.900000000 — 44.862264009021 – 51.378705366718
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – – –