LTC/USDT – 4H – BUYThe combination jumps from the ascending trendline downwards
A bearish movement downwards to the next support at 63.220000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 74.380000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 69.055 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 74.380000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 76.190000000 |
| Next High | 74.380000000 |
| Current Price | 66.040000000 |
| Next Low | 63.220000000 |
| 2nd Low | 61.920000000 |
| 3rd Low | 60.130000000 |