LTC/USDT – 30M – BUYThe currency pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 55 is certain.
Caution: A possible reversal of the trend in the direction of support at 53.43 should be noted.
Consider stop-loss settings accordingly.
Then a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 54.215 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 55 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 56.05 |
| 2nd High | 55.75 |
| Next High | 55 |
| Current Price | 53.860000000 |
| Next Low | 53.43 |
| 2nd Low | 53.01 |
| 3rd Low | 51.88 |
55 – 54.56 – 54.69 – 53.43 – 53.64 – 53.79 —
54.020000000 – 53.880000000 —
47.401754156175 – 39.340895273505 —
– —
55 – 1773154800