LTC/USDT – 1H – BUY

The combination Litecoin/Tether (LTC/USDT) jumps from the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance line at 56.8 is considered certain.

Caution: A possible change in the direction of support at 54.81 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 55.71 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 56.8 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Bullish Belt Hold’ chart pattern is existing. The candles show ‘Bullish Belt Hold’. this is a bullish pattern signal. The currency pair is likely to rise. 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).

55.27 – 54.76 – 55.71 – 54.81 – 53.78 – 52.66 —
55.980000000 – 56.570000000 —
49.509528696149 – 59.739984146503 —
– —
55.27 – 1776171600

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – – –