The combination Litecoin/Tether (LTC/USDT) jumps from the descending trendline down.
A continuation of the downtrend down to the next support line at 58.94 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 60.490000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 66.02 |
| 2nd High | 61.17 |
| Next High | 60.490000000 |
| Current Price | 60.060000000 |
| Next Low | 58.94 |
| 2nd Low | 56.51 |
| 3rd Low | 55 |
60.490000000 – 61.17 – 59.73 – 58.94 – 59.46 – 56.51 —
60.490000000 – 60.230000000 —
52.85384192487 – 54.836865538726 —
60.490000000 – 1770107400 —
– 1770107400