The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance at 102.940000000 is considered certain.
Caution: A possible change in the direction of the support level at 91.200000000 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 107.050000000 |
| 2nd High | 105.070000000 |
| Next High | 102.940000000 |
| Current Price | 99.700000000 |
| Next Low | 91.200000000 |
| 2nd Low | 85.160000000 |
| 3rd Low | 84.750000000 |
97.990000000 – 98.320000000 – 92.290000000 – 91.200000000 – 85.160000000 – 84.750000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – – Double bottom retreat down