The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance level at 112.230000000 is likely expected.
Caution: A possible trend reversal in the direction of support at 108.710000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 113.940000000 |
| 2nd High | 113.000000000 |
| Next High | 112.230000000 |
| Current Price | 112.310000000 |
| Next Low | 108.710000000 |
| 2nd Low | 106.380000000 |
| 3rd Low | 103.160000000 |
112.230000000 – 112.010000000 – 113.000000000 – 108.710000000 – 106.380000000 – 107.240000000 — 58.345772195354 – 61.263819108429
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Double bottom chart pattern – –