LTC/USDT – 30M – SELLThe pair goes from the ascending trendline down.
A descending movement down to the next support level at 68.000000000 will continue.
Caution: A possible change in the direction of the resistance level at 71.490000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 69.18 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 71.490000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 72.280000000 |
| 2nd High | 71.570000000 |
| Next High | 71.490000000 |
| Current Price | 69.900000000 |
| Next Low | 68.000000000 |
| 2nd Low | 66.790000000 |
| 3rd Low | 65.270000000 |