The combination Litecoin/Tether (LTC/USDT) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 55.65 is certain.
Caution: A possible trend reversal in the direction of support at 53.33 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Current target is 55.65 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of resistance at 55.65 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 56 |
| 2nd High | 55.88 |
| Next High | 55.65 |
| Current Price | 55.290000000 |
| Next Low | 53.33 |
| 2nd Low | 52.95 |
| 3rd Low | 52.36 |
55.65 – 54.93 – 53.34 – 53.33 – 53.77 – 52.95 —
55.110000000 – 55.340000000 —
55.39709120568 – 49.944582321368 —
– —
55.65 – 1771277400