The currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance level at 55.730000000 is likely expected.
Caution: A possible change in the direction of support at 54.35 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 56.03 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 55.730000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 57.71 |
| Next High | 55.730000000 |
| Current Price | 55.200000000 |
| Next Low | 54.35 |
| 2nd Low | 53.91 |
| 3rd Low | 53.78 |
55.730000000 – 57.71 – 55.63 – 54.35 – 54.67 – 54.95 —
55.730000000 – 55.190000000 —
53.563909989329 – 39.898868674158 —
55.730000000 – 1777512600 —
– 1777512600