LTC/USDT – 30M – SELLThe pair Litecoin/Tether (LTC/USDT) goes from the descending trendline downwards
A continuation of the downward movement down to the next support at 54.59 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 55.95 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.
Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.
Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 58.71 |
| 2nd High | 56.35 |
| Next High | 55.95 |
| Current Price | 55.760000000 |
| Next Low | 54.59 |
| 2nd Low | 54.37 |
| 3rd Low | 54 |
55.95 – 56.35 – 56.33 – 54.59 – 54.84 – 55.3 —
55.740000000 – 55.930000000 —
56.949942388688 – 59.787695927866 —
– —
55.95 – 1773952200