Buy LTC/USDT – 30M – BUY

The pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards

The bullish trend upwards to the next resistance at 56.35 will persist.

Caution: A possible change in the direction of support at 54.84 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair could go up.

Moreover a ‘Bullish Belt Hold’ candlestick pattern is existing. The chart shows ‘Bullish Belt Hold’. this is a bullish signal. The 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 59
2nd High 58.71
Next High 56.35
Current Price 55.190000000
Next Low 54.84
2nd Low 54.37
3rd Low 54

56.35 – 56.33 – 58.71 – 54.84 – 55.3 – 54.93 —
55.570000000 – 55.270000000 —
43.391442692202 – 33.281753814876 —
– —
56.35 – 1773889200

Trading Signals:

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