LTC/USDT – 30M – SELLThe combination Litecoin/Tether (LTC/USDT) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support level at will persist.
Caution: A possible counter-trend in the direction of resistance at 83.9 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 89.04 |
| 2nd High | 84.54 |
| Next High | 83.9 |
| Current Price | 82.120000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
83.9 – 84.54 – 89.04 – 80.82 – 80.32 – 80.01 — 51.208791618491 – 50.100676205091 — 63.82438353839 – 65.002698327037 – 55.327870953206 – 63.67957441627