The pair Litecoin/Tether (LTC/USDT) moves from the descending trendline downwards
A continuation of the downtrend down to the next support at 52.22 is certain.
Caution: A possible change in the direction of resistance at 54.31 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair is likely to fall.
Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.
Besides a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 54.93 |
| 2nd High | 54.39 |
| Next High | 54.31 |
| Current Price | 53.970000000 |
| Next Low | 52.22 |
| 2nd Low | 51.88 |
| 3rd Low | 51.47 |
54.31 – 54.39 – 54.93 – 52.22 – 53.08 – 53.64 —
54.230000000 – 54.370000000 —
61.803577562573 – 60.759673963358 —
– —
54.31 – 1774837800