The pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance line at 126.420000000 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 119.320000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘RSI cross above 70’ indicator layout is found. The indicator is ‘RSI cross above 70’. which could be a positive signal. The currency pair is likely to rise.
Also there is a ‘StochRSI cross above 20’ indicator layout is found. The indicator is ‘StochRSI cross above 20’. which could be a positive signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 129.160000000 |
| Next High | 126.420000000 |
| Current Price | 122.160000000 |
| Next Low | 119.320000000 |
| 2nd Low | 117.370000000 |
| 3rd Low | 115.190000000 |
126.420000000 – 124.390000000 – 129.160000000 – 119.320000000 – 117.370000000 – 115.190000000 — 39.416524156901 – 43.999073194748