LTC/USDT – 1H – BUYThe pair breaks through the descending trendline upwards
The bullish trend upwards to the next resistance line at 67.280000000 is certain.
Caution: A possible counter-trend in the direction of the support level at 64.450000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 67.85 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 67.280000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 71.250000000 |
| 2nd High | 67.740000000 |
| Next High | 67.280000000 |
| Current Price | 67.080000000 |
| Next Low | 64.450000000 |
| 2nd Low | 64.120000000 |
| 3rd Low | 63.220000000 |