The currency pair Litecoin/Tether (LTC/USDT) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 91.500000000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 87.590000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.
Then a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.950000000 |
| 2nd High | 97.680000000 |
| Next High | 91.500000000 |
| Current Price | 90.720000000 |
| Next Low | 87.590000000 |
| 2nd Low | 86.710000000 |
| 3rd Low | 86.590000000 |
91.500000000 – 89.540000000 – 88.120000000 – 87.590000000 – 86.710000000 – 86.590000000