The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance at 55.72 is expected.
Caution: A possible counter-trend in the direction of the support level at 53.02 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 61.38 |
| 2nd High | 59 |
| Next High | 55.72 |
| Current Price | 54.820000000 |
| Next Low | 53.02 |
| 2nd Low | 52.47 |
| 3rd Low | 51.47 |
55.72 – 55.53 – 54.95 – 53.02 – 52.47 – 51.47 —
55.030000000 – 55.240000000 —
58.117481309968 – 54.190109069644 —
– —
55.72 – 1772467200