The currency pair Litecoin/Tether (LTC/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support at 53.06 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 54.41 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair is likely to fall.
Also there is a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 55.18 |
| 2nd High | 54.93 |
| Next High | 54.41 |
| Current Price | 53.410000000 |
| Next Low | 53.06 |
| 2nd Low | 52.22 |
| 3rd Low | 51.88 |
54.41 – 54.93 – 55.18 – 53.06 – 52.22 – 53.64 —
53.920000000 – 54.050000000 —
54.297260022537 – 55.958616402555 —
– —
54.41 – 1774857600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Symmetrical Triangle Chart Pattern – –