LTC/USDT – 30M – BUYThe combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance line at 52 will persist.
Caution: A possible reversal of the trend in the direction of support at 51.34 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘MACD crosses above signal’ indicator layout is found. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The currency pair is likely to rise.
And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 52.88 |
| 2nd High | 52.14 |
| Next High | 52 |
| Current Price | 51.990000000 |
| Next Low | 51.34 |
| 2nd Low | 50.54 |
| 3rd Low | 50.33 |
52 – 52.14 – 52.88 – 51.34 – 50.54 – 50.33 —
51.810000000 – 51.860000000 —
54.265232097084 – 39.577881651155 —
– —
52 – 1780034400