LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance level at 114.790000000 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 106.700000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Bullish Belt Hold’ candlestick pattern is detected. The candles form ‘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 likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 133.990000000 |
| 2nd High | 124.770000000 |
| Next High | 114.790000000 |
| Current Price | 114.310000000 |
| Next Low | 106.700000000 |
| 2nd Low | 103.160000000 |
| 3rd Low | 99.660000000 |
114.790000000 – 111.350000000 – 112.660000000 – 106.700000000 – 110.510000000 – 118.280000000 — 54.739386814537 – 62.690540481412
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – – –