The combination Litecoin/Tether (LTC/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 122.730000000 will persist.
Caution: A possible change in the direction of the support level at 110.710000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bullish Belt Hold’ chart pattern is detected. The candles show ‘Bullish Belt Hold’. which is a bullish signal. 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 | 125.340000000 |
2nd High | 124.030000000 |
Next High | 122.730000000 |
Current Price | 116.170000000 |
Next Low | 110.710000000 |
2nd Low | 104.610000000 |
3rd Low | 102.030000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold