LTC/USDT – 30M – BUYThe currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 84.15 is certain.
Caution: A possible trend reversal in the direction of the support level at 81.16 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. which could be a positive chart signal. The currency pair could go up.
Next a ‘Bullish Belt Hold’ candle chart pattern is existing. The candles show ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 86.77 |
| 2nd High | 84.89 |
| Next High | 84.15 |
| Current Price | 83.360000000 |
| Next Low | 81.16 |
| 2nd Low | 79.04 |
| 3rd Low | 76.7 |
84.15 – 84.89 – 84.57 – 81.16 – 82.83 – 82.82 — 44.622855234189 – 51.744475456486 — 8.7429498753659 – 33.006847553827 – 12.187455008396 – 18.259436589342
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – – –