LTC/USDT – 1H – BUY

The combination Litecoin/Tether (LTC/USDT) moves from the bullish trendline up.

A continuation of the uptrend upwards to the next resistance level at 55.4 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 53.91 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

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

Moreover a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Moreover a ‘Bullish Belt Hold’ chart pattern is detected. The candles show ‘Bullish Belt Hold’. this is a bullish pattern signal. The 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’ going up is 71% (Bull Market) & 71% (Bear Market).

55.4 – 55.44 – 57.42 – 53.91 – 54.7 – 55.24 —
55.380000000 – 55.010000000 —
54.172557988597 – 44.920265173479 —
– —
55.4 – 1776708000

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