The currency pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline down.
A bearish descent down to the next support at 53.01 is expected.
Caution: A possible counter-trend in the direction of resistance at 54.420000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 54.420000000 |
| Current Price | 54.020000000 |
| Next Low | 53.01 |
| 2nd Low | 51.88 |
| 3rd Low | 51.47 |
54.420000000 – 54.05 – 53.44 – 53.01 – 51.88 – 52.2 —
54.420000000 – 54.250000000 —
65.919871118254 – 60.355520087529 —
54.420000000 – 1773063000 —
– 1773063000