The combination Litecoin/Tether (LTC/USDT) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 45.07 will continue.
Caution: A possible counter-trend in the direction of resistance at 53.71 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.
Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 55.13 |
| 2nd High | 53.86 |
| Next High | 53.71 |
| Current Price | 52.090000000 |
| Next Low | 45.07 |
| 2nd Low | |
| 3rd Low |
53.71 – 53.86 – 55.13 – 52.85 – 52.84 – 52.96 —
52.060000000 – 52.510000000 —
28.593483935435 – 47.341663160397 —
– —
53.71 – 1770777000