The currency pair Litecoin/Tether (LTC/USDT) moves from the descending trendline down.
A continuation of the downward movement down to the next support line at 112.060000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 117.300000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 123.200000000 |
| 2nd High | 119.130000000 |
| Next High | 117.300000000 |
| Current Price | 114.930000000 |
| Next Low | 112.060000000 |
| 2nd Low | 103.160000000 |
| 3rd Low | 99.660000000 |
117.300000000 – 119.130000000 – 123.200000000 – 112.060000000 – 112.110000000 – 115.290000000 — 50.786833607867 – 48.212639820458
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Double top retreat up – –