LTC/USDT – 30M – BUYThe combination Litecoin/Tether (LTC/USDT) moves from the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 93.650000000 will persist.
Caution: A possible trend reversal in the direction of the support level at 91.450000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bullish Belt Hold’ candle pattern is found. The chart forms ‘Bullish Belt Hold’. which is a bullish signal. The 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’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.950000000 |
| 2nd High | 97.680000000 |
| Next High | 93.650000000 |
| Current Price | 92.100000000 |
| Next Low | 91.450000000 |
| 2nd Low | 89.530000000 |
| 3rd Low | 87.590000000 |
93.650000000 – 93.120000000 – 91.500000000 – 91.450000000 – 89.530000000 – 87.590000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Bullish Belt Hold