LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 98.320000000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 85.160000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.
Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 102.940000000 |
| 2nd High | 98.950000000 |
| Next High | 98.320000000 |
| Current Price | 92.770000000 |
| Next Low | 85.160000000 |
| 2nd Low | 84.750000000 |
| 3rd Low | 83.550000000 |
98.320000000 – 88.280000000 – 92.290000000 – 85.160000000 – 85.650000000 – 84.750000000