LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance line at 86.76 is certain.
Caution: A possible counter-trend in the direction of the support level at 83.08 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.
Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.55 |
| 2nd High | 87.25 |
| Next High | 86.76 |
| Current Price | 85.400000000 |
| Next Low | 83.08 |
| 2nd Low | 82.26 |
| 3rd Low | 82.19 |
86.76 – 87.25 – 85 – 83.08 – 82.26 – 82.19 — 51.566179372342 – 53.329737738895 — 26.271075676382 – 43.676347697484 – 20.455953824531 – 28.76276246599
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Rising Wedge Chart Pattern – –