The combination Litecoin/Tether (LTC/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support at 108.180000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 115.470000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 109.33 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 115.470000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 122.290000000 |
| 2nd High | 116.380000000 |
| Next High | 115.470000000 |
| Current Price | 108.900000000 |
| Next Low | 108.180000000 |
| 2nd Low | 106.580000000 |
| 3rd Low | 99.660000000 |
115.470000000 – 115.470000000 – 113.900000000 – 113.620000000 – 113.050000000 – 112.010000000 — 44.797338340723 – 43.025783744819
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Triple top chart pattern –