Buy LTC/USDT – 4H – BUY

The pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline up.

A continuation of the uptrend upwards to the next resistance at 115.120000000 is considered certain.

Caution: A possible change in the direction of support at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

And also a ‘Bullish Belt Hold’ candle chart pattern is existing. The chart shows ‘Bullish Belt Hold’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 124.770000000
2nd High 116.270000000
Next High 115.120000000
Current Price 112.990000000
Next Low
2nd Low
3rd Low

115.120000000 – 116.270000000 – 124.770000000 – 109.500000000 – 106.380000000 – 108.300000000 — 53.066618554201 – 57.966679902627

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