The pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance at 54.41 is considered certain.
Caution: A possible change in the direction of the support line at 53.06 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.
Furthermore a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 54.29044 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 54.41 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 55.18 |
| 2nd High | 54.93 |
| Next High | 54.41 |
| Current Price | 53.960000000 |
| Next Low | 53.06 |
| 2nd Low | 52.96 |
| 3rd Low | 52.22 |
54.41 – 54.31 – 54.39 – 53.06 – 52.96 – 52.22 —
53.590000000 – 53.620000000 —
44.428485670655 – 47.188100248401 —
– —
54.41 – 1774859400