The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance at 54.29 is certain.
Caution: A possible change in the direction of the support level at 53.21 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.
And also a ‘MACD crosses above signal’ indicator signal is found. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair could go up.
And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 56.05 |
| 2nd High | 55.75 |
| Next High | 54.29 |
| Current Price | 53.620000000 |
| Next Low | 53.21 |
| 2nd Low | 53.12 |
| 3rd Low | 53.02 |
54.29 – 54.24 – 55.75 – 53.21 – 53.44 – 53.12 —
53.710000000 – 53.600000000 —
46.949487272244 – 39.584370717509 —
– —
54.29 – 1772872200