The currency pair Litecoin/Tether (LTC/USDT) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support line at is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 85.950000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.
Support & Resistance | Price Range* |
---|---|
3rd High | 86.050000000 |
2nd High | 85.980000000 |
Next High | 85.950000000 |
Current Price | 84.200000000 |
Next Low | |
2nd Low | |
3rd Low |
85.950000000 – 85.340000000 – 85.470000000 – 84.070000000 – 83.900000000 – 76.170000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – – Double top chart pattern