LTC/USDT – 1H – SELL

The combination Litecoin/Tether (LTC/USDT) moves from the bearish trendline down.

A continuation of the downtrend down to the next support at 108.710000000 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 113.000000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 109.69 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 113.000000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

113.000000000 – 111.350000000 – 111.910000000 – 108.710000000 – 106.380000000 – 107.240000000 — 54.464329791428 – 51.191279245222

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Rising Wedge Chart Pattern – –