LTC/USDT – 30M – BUYThe currency pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 82.330000000 is considered certain.
Caution: A possible change in the direction of the resistance level at 87.830000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 86.255 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 87.830000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 90.180000000 |
| 2nd High | 88.290000000 |
| Next High | 87.830000000 |
| Current Price | 85.520000000 |
| Next Low | 82.330000000 |
| 2nd Low | 81.600000000 |
| 3rd Low | 78.840000000 |