LTC/USDT – 30M – BUY

The combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance level at 56.36 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 55.77 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.

Also there is a ‘Bullish Belt Hold’ candlestick chart pattern is found. The candles show ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

56.36 – 56.61 – 56.72 – 55.77 – 55.75 – 55.91 —
56.270000000 – 56.470000000 —
56.456241715435 – 60.813324929919 —
– —
56.36 – 1777203000

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