The currency pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline up.
A continuation of the uptrend up to the next resistance at 112.230000000 is likely expected.
Caution: A possible change in the direction of the support zone at 108.710000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 113 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 112.230000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 113.940000000 |
| 2nd High | 113.000000000 |
| Next High | 112.230000000 |
| Current Price | 112.040000000 |
| Next Low | 108.710000000 |
| 2nd Low | 106.380000000 |
| 3rd Low | 103.160000000 |
112.230000000 – 112.010000000 – 113.000000000 – 108.710000000 – 106.380000000 – 107.240000000 — 56.790134552918 – 59.37432185964
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Double bottom retreat down – –