The currency pair Litecoin/Tether (LTC/USDT) jumps from the bearish trendline down.
A continuation of the downward movement down to the next support line at 54.9 is considered certain.
Caution: A possible change in the direction of resistance at 55.44 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 56.03 |
| 2nd High | 55.71 |
| Next High | 55.44 |
| Current Price | 54.960000000 |
| Next Low | 54.9 |
| 2nd Low | 54.35 |
| 3rd Low | 53.91 |
55.44 – 55.71 – 56.03 – 55.05 – 55.13 – 55.28 —
55.250000000 – 55.070000000 —
39.476441051959 – 43.84684184284 —
– —
55.44 – 1777737600