LTC/USDT – 30M – SELLThe pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline downwards
A descent down to the next support level at 63.65 will persist.
Caution: A possible counter-trend in the direction of resistance at 66.02 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 62.71 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support level at 66.02 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 69.89 |
| 2nd High | 66.47 |
| Next High | 66.02 |
| Current Price | 63.920000000 |
| Next Low | 63.65 |
| 2nd Low | 62.71 |
| 3rd Low | 52.71 |
66.02 – 66.47 – 69.89 – 63.65 – 62.71 – 64.43 —
65.190000000 – 64.300000000 —
49.210563771614 – 39.698992084902 —
– —
66.02000 – 1769799600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Double top chart pattern – –