The currency pair Litecoin/Tether (LTC/USDT) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support at will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 54.69 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 55.75 |
| 2nd High | 55.28 |
| Next High | 54.69 |
| Current Price | 54.240000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
54.69 – 55.28 – 55.18 – 53.95 – 53.54 – 53.43 —
54.600000000 – 54.490000000 —
45.708160710735 – 51.938630813197 —
– —
54.69 – 1773311400