The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance line at 86.76 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 83.28 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 89.04 |
| 2nd High | 87.25 |
| Next High | 86.76 |
| Current Price | 86.640000000 |
| Next Low | 83.28 |
| 2nd Low | 83.08 |
| 3rd Low | 82.19 |
86.2 – 86.76 – 87.25 – 83.28 – 84.42 – 84.14 — 62.712153125874 – 64.27820314446 — 77.788305601227 – 77.335152933021 – 85.914045716179 – 80.600963806935
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Rising Wedge Chart Pattern – –