The combination Litecoin/Tether (LTC/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 54.91 is certain.
Caution: A possible trend reversal in the direction of the support level at 52.94 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
There is also a ‘Bullish Belt Hold’ candlestick pattern is detected. The candles show ‘Bullish Belt Hold’. which 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 | 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 – Symmetrical Triangle Chart Pattern – –