LTC/USDT – 30M – SELLThe combination Litecoin/Tether (LTC/USDT) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support at is expected.
Caution: A possible counter-trend in the direction of the resistance line at 85.680000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 89.830000000 |
| 2nd High | 87.390000000 |
| Next High | 85.680000000 |
| Current Price | 84.580000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
85.680000000 – 87.390000000 – 86.910000000 – 82.490000000 – 84.200000000 – 82.840000000