The pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance at 56.76 is expected.
Caution: A possible counter-trend in the direction of the support level at 55.75 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair is likely to rise.
And also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 58.71 |
| 2nd High | 57.42 |
| Next High | 56.76 |
| Current Price | 56.050000000 |
| Next Low | 55.75 |
| 2nd Low | 54.9 |
| 3rd Low | 54.76 |
56.76 – 56.27 – 56.55 – 55.75 – 54.9 – 54.76 —
56.260000000 – 56.140000000 —
52.859199372247 – 42.24519399034 —
– —
56.76 – 1777064400