The currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance level at 55.84 is expected.
Caution: A possible change in the direction of the support level at 54.37 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.
Moreover a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 56.71 |
| 2nd High | 56.05 |
| Next High | 55.84 |
| Current Price | 55.180000000 |
| Next Low | 54.37 |
| 2nd Low | 54 |
| 3rd Low | 53.8 |
55.84 – 56.05 – 56.71 – 54.37 – 55.15 – 54 —
55.030000000 – 55.330000000 —
60.242596536034 – 62.850061322525 —
– —
55.84 – 1773460800