The pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance level at 55.44 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 54.9 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 56.03 |
| 2nd High | 55.71 |
| Next High | 55.44 |
| Current Price | 55.060000000 |
| Next Low | 54.9 |
| 2nd Low | 54.35 |
| 3rd Low | 53.91 |
55.44 – 55.71 – 56.03 – 55.05 – 55.13 – 55.28 —
55.330000000 – 54.970000000 —
50.821205643197 – 33.398930182833 —
– —
55.44 – 1777737600