The combination Litecoin/Tether (LTC/USDT) goes from the descending trendline down.
A continuation of the downward movement down to the next support level at 56.87 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 61.38 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 66.47 |
| 2nd High | 66.02 |
| Next High | 61.38 |
| Current Price | 60.590000000 |
| Next Low | 56.87 |
| 2nd Low | 56.51 |
| 3rd Low | 55 |
61.38 – 60.46 – 60.49 – 56.87 – 59.35 – 58.94 —
60.780000000 – 60.830000000 —
60.064623079541 – 59.286475658181 —
– —
61.38 – 1770150600