The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance at 55.38 will continue.
Caution: A possible counter-trend in the direction of the support level at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 56.8 |
| 2nd High | 55.74 |
| Next High | 55.38 |
| Current Price | 54.590000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
55.38 – 55.74 – 54.64 – 53.66 – 53.62 – 52.91 —
54.950000000 – 54.520000000 —
63.573345700623 – 46.141025762812 —
– —
55.38 – 1775653200