The pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline downwards
A descending movement down to the next support line at 65.9 will continue.
Caution: A possible change in the direction of resistance at 80.97 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. which could be a negative chart scenario. The currency pair is likely to fall.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 65.58 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support zone at 80.97 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 86.77 |
| 2nd High | 82.42 |
| Next High | 80.97 |
| Current Price | 68.530000000 |
| Next Low | 65.9 |
| 2nd Low | 65.58 |
| 3rd Low | 52.71 |
80.97 – 82.42 – 80.58 – 65.9 – 65.58 – 69.46 —
69.710000000 – 69.600000000 —
38.328420897108 – 46.945181270062 —
– —
80.97000 – 1768392000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Rising Wedge Chart Pattern – –