LTC/USDT – 30M – BUYThe combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance line at 122.780000000 will continue.
Caution: A possible counter-trend in the direction of support at 120.400000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The chart forms ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 133.990000000 |
| 2nd High | 123.660000000 |
| Next High | 122.780000000 |
| Current Price | 121.760000000 |
| Next Low | 120.400000000 |
| 2nd Low | 119.970000000 |
| 3rd Low | 112.510000000 |
122.780000000 – 123.660000000 – 116.860000000 – 120.400000000 – 119.970000000 – 112.510000000 — 55.132381499173 – 59.354265103994
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – – –