The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance level at 61.17 will persist.
Caution: A possible counter-trend in the direction of support at 58.94 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 66.47 |
| 2nd High | 66.02 |
| Next High | 61.17 |
| Current Price | 59.790000000 |
| Next Low | 58.94 |
| 2nd Low | 56.51 |
| 3rd Low | 55 |
61.17 – 59.73 – 59.92 – 58.94 – 59.46 – 56.51 —
60.040000000 – 60.240000000 —
48.583152872926 – 41.870786688551 —
– —
61.17000 – 1770048000