The currency pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline down.
A continuation of the downtrend down to the next support level at 51 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 53.51 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.
Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.
Besides a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 53.86 |
| 2nd High | 53.71 |
| Next High | 53.51 |
| Current Price | 52.700000000 |
| Next Low | 51 |
| 2nd Low | 45.07 |
| 3rd Low |
53.51 – 53.71 – 53.86 – 51 – 52.85 – 52.84 —
52.900000000 – 53.030000000 —
55.907344262064 – 58.574829482354 —
– —
53.51 – 1770818400