The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance line at 46.1 is certain.
Caution: A possible counter-trend in the direction of support at is also possible.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.
And also a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 46.15 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of resistance at 46.1 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 46.36 |
| 2nd High | 46.15 |
| Next High | 46.1 |
| Current Price | 45.010000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
46.1 – 45.55 – 46.15 – 42.92 – 43.17 – 41.14 —
45.420000000 – 44.970000000 —
52.514643088172 – 45.97584502409 —
– —
46.1 – 1784102400