The combination Litecoin/Tether (LTC/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 89.940000000 will persist.
Caution: A possible counter-trend in the direction of the support level at 86.980000000 should be noted.
Consider stop-loss settings accordingly.
Moreover a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 88.9488 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 89.940000000 should be noted.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair could go up.
Support & Resistance | Price Range* |
---|---|
3rd High | 98.950000000 |
2nd High | 97.680000000 |
Next High | 89.940000000 |
Current Price | 88.440000000 |
Next Low | 86.980000000 |
2nd Low | 86.770000000 |
3rd Low | 85.740000000 |
89.940000000 – 88.720000000 – 88.450000000 – 86.980000000 – 86.770000000 – 85.740000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Three Inside Up