LTC/USDT – 1H – BUYThe pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 92.290000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 84.750000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.
Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.950000000 |
| 2nd High | 94.170000000 |
| Next High | 92.290000000 |
| Current Price | 87.260000000 |
| Next Low | 84.750000000 |
| 2nd Low | 83.550000000 |
| 3rd Low | 76.170000000 |
92.290000000 – 88.490000000 – 85.950000000 – 84.750000000 – 83.550000000 – 83.780000000