LTC/USDT – 30M – BUYThe currency pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 54.91 will persist.
Caution: A possible trend reversal in the direction of the support line at 52.94 should be noted.
Consider stop-loss settings accordingly.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
Moreover a ‘Bullish Belt Hold’ chart pattern is detected. The candles form ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to go up. 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 | 56.47 |
| 2nd High | 56.01 |
| Next High | 54.91 |
| Current Price | 53.380000000 |
| Next Low | 52.94 |
| 2nd Low | 52.71 |
| 3rd Low | 51.42 |
54.91 – 56.01 – 55.6 – 52.94 – 54.3 – 54.91 —
53.610000000 – 53.250000000 —
35.100409850016 – 31.574582556189 —
– —
54.91 – 1771754400
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – Double top retreat up – –