LTC/USDT – 1H – SELLThe combination moves from the bullish trendline down.
A bearish movement down to the next support at 64.850000000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 71.250000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 67.85 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 71.250000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 75.880000000 |
| 2nd High | 74.380000000 |
| Next High | 71.250000000 |
| Current Price | 69.400000000 |
| Next Low | 64.850000000 |
| 2nd Low | 64.450000000 |
| 3rd Low | 64.120000000 |