The pair Litecoin/Tether (LTC/USDT) moves from the descending trendline down.
A continuation of the downward movement down to the next support line at 114.720000000 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 116.960000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117.800000000 |
| 2nd High | 117.680000000 |
| Next High | 116.960000000 |
| Current Price | 115.640000000 |
| Next Low | 114.720000000 |
| 2nd Low | 112.950000000 |
| 3rd Low | 112.200000000 |
116.960000000 – 117.680000000 – 117.800000000 – 114.720000000 – 112.950000000 – 115.920000000 — 49.810010626752 – 48.569660393245
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Double bottom retreat down – –