LTC/USDT – 30M – BUYThe currency pair Litecoin/Tether (LTC/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 120.830000000 is certain.
Caution: A possible counter-trend in the direction of the support line at 114.910000000 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 118.12 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 120.830000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 133.990000000 |
| 2nd High | 124.770000000 |
| Next High | 120.830000000 |
| Current Price | 118.940000000 |
| Next Low | 114.910000000 |
| 2nd Low | 113.130000000 |
| 3rd Low | 112.000000000 |
118.120000000 – 115.870000000 – 115.790000000 – 114.910000000 – 113.130000000 – 113.760000000 — 67.128866624424 – 70.308387657179