The currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.
A bearish descent downwards to the next support level at will persist.
Caution: A possible counter-trend in the direction of resistance at 57.42 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.
Then a ‘StochRSI %K line crosses below %D line’ indicator layout 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.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 59 |
| 2nd High | 58.71 |
| Next High | 57.42 |
| Current Price | 55.030000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
57.42 – 56.61 – 55.27 – 53.91 – 54.7 – 55.24 —
54.580000000 – 55.060000000 —
37.481288397081 – 47.327951157701 —
– —
57.42 – 1776430800