The pair Litecoin/Tether (LTC/USDT) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support at is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 122.990000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 123.270000000 |
| 2nd High | 123.200000000 |
| Next High | 122.990000000 |
| Current Price | 120.760000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
122.990000000 – 123.200000000 – 120.810000000 – 117.140000000 – 116.550000000 – 119.260000000 — 44.31823608379 – 43.604008565939