The pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance level at 60.46 is expected.
Caution: A possible change in the direction of the support line at 56.87 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The pair is likely to go up.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 61.17 |
| 2nd High | 60.49 |
| Next High | 60.46 |
| Current Price | 59.830000000 |
| Next Low | 56.87 |
| 2nd Low | 56.51 |
| 3rd Low | 55 |
60.46 – 60.49 – 61.17 – 56.87 – 59.35 – 58.94 —
59.520000000 – 59.610000000 —
49.448073380178 – 48.130312939101 —
– —
60.46 – 1770132600