The currency pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline down.
A continuation of the bearish trend down to the next support at 40.8 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 42.71 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 46.92 |
| 2nd High | 43.53 |
| Next High | 42.71 |
| Current Price | 42.100000000 |
| Next Low | 40.8 |
| 2nd Low | 40.52 |
| 3rd Low |
42.71 – 42.21 – 43.53 – 40.8 – 40.52 – 41.94 —
42.370000000 – 42.470000000 —
55.8203570557 – 54.044856627941 —
– —
42.71 – 1780822800