LTC/USDT – 30M – BUYThe combination Litecoin/Tether (LTC/USDT) goes from the descending trendline up.
An ascending movement up to the next resistance line at 116.760000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 112.110000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Bullish Belt Hold’ candle chart pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a positive pattern signal. The currency 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 | 122.990000000 |
| 2nd High | 119.130000000 |
| Next High | 116.760000000 |
| Current Price | 113.260000000 |
| Next Low | 112.110000000 |
| 2nd Low | 103.160000000 |
| 3rd Low | 99.660000000 |
116.760000000 – 119.130000000 – 122.990000000 – 112.110000000 – 113.420000000 – 115.290000000 — 36.715104563121 – 42.128925740375
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – Double top chart pattern – –