The currency pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 54.64 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 55.4 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The pair is likely to go down.
Moreover a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 55.72 |
| 2nd High | 55.44 |
| Next High | 55.4 |
| Current Price | 54.990000000 |
| Next Low | 54.64 |
| 2nd Low | 53.91 |
| 3rd Low | 53.78 |
55.4 – 55.44 – 55.72 – 54.64 – 53.91 – 54.7 —
55.380000000 – 55.180000000 —
50.914966906547 – 52.735394854752 —
– —
55.4 – 1776709800