The pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline downwards
A bearish trend downwards to the next support level at 54.95 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 56.43 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 54.84 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 56.43 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 58.71 |
| 2nd High | 57.71 |
| Next High | 56.43 |
| Current Price | 54.960000000 |
| Next Low | 54.95 |
| 2nd Low | 54.84 |
| 3rd Low | 54.35 |
56.43 – 56.03 – 55.64 – 54.95 – 54.99 – 54.84 —
55.390000000 – 55.360000000 —
46.348042594053 – 46.071636728523 —
– —
56.43 – 1777867200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Symmetrical Triangle Chart Pattern – –