LTC/USDT – 30M – SELLThe pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.
A descent down to the next support level at 101.080000000 is certain.
Caution: A possible counter-trend in the direction of resistance at 110.350000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 101.08 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 110.350000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110.830000000 |
| 2nd High | 110.670000000 |
| Next High | 110.350000000 |
| Current Price | 102.480000000 |
| Next Low | 101.080000000 |
| 2nd Low | 99.460000000 |
| 3rd Low | 97.540000000 |