LTC/USDT – 30M – BUYThe combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance level at 115.790000000 will persist.
Caution: A possible trend reversal in the direction of the support level at 113.200000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Bullish Belt Hold’ candle chart pattern is existing. The chart forms ‘Bullish Belt Hold’. this is a bullish 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’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120.830000000 |
| 2nd High | 116.760000000 |
| Next High | 115.790000000 |
| Current Price | 114.750000000 |
| Next Low | 113.200000000 |
| 2nd Low | 112.000000000 |
| 3rd Low | 111.920000000 |
115.790000000 – 115.230000000 – 116.760000000 – 113.200000000 – 112.000000000 – 111.920000000 — 35.977011120995 – 48.832633084467
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – – –