Buy LTC/USDT – 4H – BUY

The pair Litecoin/Tether (LTC/USDT) jumps from the descending trendline upwards

An ascending movement up to the next resistance at 80.97 will continue.

Caution: A possible reversal of the trend in the direction of the support zone at 65.58 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a indicator layout is detected. The indicator shows ”. which is often a bullish chart scenario. The currency pair could go up.

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Moreover a ‘%K cross above 0.2’ indicator layout is detected. The indicator shows ‘%K cross above 0.2’. which is often a bullish chart scenario. The currency pair could go up.

Moreover a ‘Bullish Belt Hold’ candle pattern is found. The candles show ‘Bullish Belt Hold’. which is a positive 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 86.77
2nd High 82.42
Next High 80.97
Current Price 68.860000000
Next Low 65.58
2nd Low 52.71
3rd Low

80.97 – 82.42 – 80.58 – 65.58 – 69.46 – 75.26 —
71.130000000 – 69.160000000 —
34.269055042263 – 26.41723031815 —
– —
80.97000 – 1768392000

Trading Signals:

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