The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance at 56.76 will continue.
Caution: A possible trend reversal in the direction of the support line at 55.75 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair is likely to rise.
There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.
There is also a ‘MACD crosses above signal’ indicator signal is existing. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair is likely to rise.
There is also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 58.71 |
| 2nd High | 57.42 |
| Next High | 56.76 |
| Current Price | 56.220000000 |
| Next Low | 55.75 |
| 2nd Low | 54.9 |
| 3rd Low | 54.76 |
56.76 – 56.27 – 56.55 – 55.75 – 54.9 – 54.76 —
56.270000000 – 56.070000000 —
52.772346661008 – 39.148168898365 —
– —
56.76 – 1777064400