The combination Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.
A bearish descent down to the next support at 53.02 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 53.94 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 57.66 |
| 2nd High | 54.29 |
| Next High | 53.94 |
| Current Price | 52.930000000 |
| Next Low | 53.02 |
| 2nd Low | 52.47 |
| 3rd Low | 51.47 |
53.94 – 54.29 – 57.66 – 53.44 – 53.12 – 55.03 —
53.850000000 – 53.200000000 —
51.997203195188 – 47.797986530647 —
– —
53.94 – 1772964000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Symmetrical Triangle Chart Pattern – –