LTC/USDT – 4H – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 86.77 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 76.08 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bullish Belt Hold’ chart pattern is discovered. The candles show ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. 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 | 109.59 |
| 2nd High | 87.8 |
| Next High | 86.77 |
| Current Price | 83.960000000 |
| Next Low | 76.08 |
| 2nd Low | 75.22 |
| 3rd Low | 72.64 |
80.58 – 79.49 – 79.41 – 76.08 – 76.92 – 75.22 — 52.261249463113 – 60.866674693414 — 33.204173889399 – 30.821839940687 – 44.84438552961 – 34.755326160395
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – Triple bottom chart pattern – –