The combination Litecoin/Tether (LTC/USDT) moves from the descending trendline downwards
A continuation of the downtrend down to the next support at 40.14 is expected.
Caution: A possible trend reversal in the direction of resistance at 41.96 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 42.42 |
| 2nd High | 42 |
| Next High | 41.96 |
| Current Price | 41.760000000 |
| Next Low | 40.14 |
| 2nd Low | 40.03 |
| 3rd Low | 39.28 |
41.96 – 41.27 – 42 – 40.14 – 40.03 – 39.28 —
41.340000000 – 41.940000000 —
53.830897435898 – 62.141234160743 —
– —
41.96 – 1782459000