The pair Litecoin/Tether (LTC/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support line at 53.08 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 54.39 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.
In addition a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 55.18 |
| 2nd High | 54.93 |
| Next High | 54.39 |
| Current Price | 53.130000000 |
| Next Low | 53.08 |
| 2nd Low | 53.03 |
| 3rd Low | 53.01 |
54.39 – 54.93 – 54.67 – 53.08 – 53.64 – 53.91 —
53.360000000 – 53.820000000 —
37.632429302676 – 54.522740936788 —
– —
54.39 – 1774753200