LTC/USDT – 1H – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance level at 125.340000000 is certain.
Caution: A possible trend reversal in the direction of the support level at 114.260000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 119.8 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 125.340000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 138.670000000 |
| 2nd High | 135.900000000 |
| Next High | 125.340000000 |
| Current Price | 121.110000000 |
| Next Low | 114.260000000 |
| 2nd Low | 101.230000000 |
| 3rd Low | 100.560000000 |