The currency pair Litecoin/Tether (LTC/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support level at 118.250000000 is likely expected.
Caution: A possible change in the direction of the resistance level at 126.350000000 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 129.160000000 |
| 2nd High | 126.420000000 |
| Next High | 126.350000000 |
| Current Price | 123.560000000 |
| Next Low | 118.250000000 |
| 2nd Low | 117.370000000 |
| 3rd Low | 115.190000000 |
126.350000000 – 126.420000000 – 124.390000000 – 118.250000000 – 119.320000000 – 117.370000000 — 58.555969624002 – 55.456765391778
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Double bottom retreat down – –