LTC/USDT – 30M – BUYThe combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance at 114.620000000 will continue.
Caution: A possible counter-trend in the direction of the support zone at 111.320000000 is also possible.
Consider stop-loss settings accordingly.
Also there is a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
Also there is a ‘Bullish Belt Hold’ candle chart pattern is detected. The candles show ‘Bullish Belt Hold’. which is a bullish pattern 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 | 124.770000000 |
| 2nd High | 116.270000000 |
| Next High | 114.620000000 |
| Current Price | 112.800000000 |
| Next Low | 111.320000000 |
| 2nd Low | 106.700000000 |
| 3rd Low | 103.160000000 |
114.620000000 – 114.230000000 – 114.590000000 – 113.020000000 – 111.320000000 – 112.170000000 — 44.222396398186 – 49.628261758565
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – Double top retreat up – –