The combination Litecoin/Tether (LTC/USDT) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 52.36 is certain.
Caution: A possible change in the direction of the resistance level at 55.13 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 55.88 |
| 2nd High | 55.49 |
| Next High | 55.13 |
| Current Price | 53.760000000 |
| Next Low | 52.36 |
| 2nd Low | 45.07 |
| 3rd Low |
55.13 – 55.49 – 55.88 – 52.36 – 53.65 – 54.76 —
54.680000000 – 54.200000000 —
53.955440015699 – 46.843101649005 —
– —
55.13 – 1770667200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Symmetrical Triangle Chart Pattern – –