The combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance line at 55.88 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 53.65 should always be considered.
Consider stop-loss settings accordingly.
Then a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
Then a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 56.47 |
| 2nd High | 56 |
| Next High | 55.88 |
| Current Price | 54.530000000 |
| Next Low | 53.65 |
| 2nd Low | 45.07 |
| 3rd Low |
55.88 – 56 – 56.47 – 53.65 – 54.76 – 54.18 —
54.620000000 – 54.380000000 —
43.29161583234 – 37.520846623502 —
– —
55.88 – 1770539400