LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline downwards
A bearish descent downwards to the next support line at 77.630000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 84.650000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 78.43 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 84.650000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 85.000000000 |
| Next High | 84.650000000 |
| Current Price | 80.950000000 |
| Next Low | 77.630000000 |
| 2nd Low | 73.160000000 |
| 3rd Low | 71.860000000 |