The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance line at 53.44 is considered certain.
Caution: A possible change in the direction of the support zone at 51.88 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.
Then a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 54.29 |
| 2nd High | 53.94 |
| Next High | 53.44 |
| Current Price | 53.810000000 |
| Next Low | 51.88 |
| 2nd Low | 51.47 |
| 3rd Low | 51.03 |
53.44 – 53.94 – 53.75 – 51.88 – 52.2 – 52.65 —
53.090000000 – 53.630000000 —
50.562705534494 – 54.546538292407 —
– —
53.44 – 1773001800