LTC/USDT – 1H – BUYThe pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 55 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 53.43 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.
Besides a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 59 |
| 2nd High | 57.66 |
| Next High | 55 |
| Current Price | 54.610000000 |
| Next Low | 53.43 |
| 2nd Low | 51.88 |
| 3rd Low | 51.47 |
55 – 54.75 – 53.94 – 53.43 – 53.62 – 51.88 —
54.120000000 – 54.050000000 —
50.755058419296 – 48.405069494172 —
– —
55 – 1773154800