The pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance level at 53.75 is likely expected.
Caution: A possible change in the direction of support at 53.21 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.
Then a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 55.75 |
| 2nd High | 54.29 |
| Next High | 53.75 |
| Current Price | 53.770000000 |
| Next Low | 53.21 |
| 2nd Low | 53.12 |
| 3rd Low | 53.02 |
53.75 – 54.29 – 54.24 – 53.21 – 53.44 – 53.12 —
53.310000000 – 53.670000000 —
41.983989218957 – 53.290211348742 —
– —
53.75 – 1772928000