LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.
The bearish trend down to the next support line at 116.930000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 125.340000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 116.46 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of support at 125.340000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 135.900000000 |
| 2nd High | 127.210000000 |
| Next High | 125.340000000 |
| Current Price | 117.020000000 |
| Next Low | 116.930000000 |
| 2nd Low | 116.460000000 |
| 3rd Low | 106.010000000 |