The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 98.320000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 85.160000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.
There is also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 102.940000000 |
| 2nd High | 98.950000000 |
| Next High | 98.320000000 |
| Current Price | 92.940000000 |
| Next Low | 85.160000000 |
| 2nd Low | 84.750000000 |
| 3rd Low | 83.550000000 |
98.320000000 – 92.290000000 – 86.050000000 – 85.160000000 – 84.750000000 – 83.550000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – – Triple bottom chart pattern