The pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline down.
A descent down to the next support line at 114.920000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 120.830000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 133.990000000 |
| 2nd High | 124.770000000 |
| Next High | 120.830000000 |
| Current Price | 115.200000000 |
| Next Low | 114.920000000 |
| 2nd Low | 114.720000000 |
| 3rd Low | 112.950000000 |
120.830000000 – 116.960000000 – 117.680000000 – 115.740000000 – 117.800000000 – 114.920000000 — 30.225069012205 – 29.276048272797
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Rising Wedge Chart Pattern – –