The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance at 55.27 will continue.
Caution: A possible trend reversal in the direction of the support zone at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 55.74 |
| 2nd High | 55.71 |
| Next High | 55.27 |
| Current Price | 54.520000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
55.27 – 54.76 – 53.44 – 54.01 – 52.66 – 53.36 —
54.940000000 – 54.620000000 —
49.948946237289 – 44.603501729044 —
– —
55.27 – 1776173400
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Rising Wedge Chart Pattern – –