LTC/USDT – 1H – BUYThe combination goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 62.100000000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 66.760000000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 65.19532 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 66.760000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 67.990000000 |
| 2nd High | 67.000000000 |
| Next High | 66.760000000 |
| Current Price | 63.570000000 |
| Next Low | 62.100000000 |
| 2nd Low | 61.520000000 |
| 3rd Low | 60.130000000 |