LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance line at 93.000000000 will persist.
Caution: A possible trend reversal in the direction of the support line at 81.540000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 90.29544 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 93.000000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.490000000 |
| 2nd High | 95.000000000 |
| Next High | 93.000000000 |
| Current Price | 88.600000000 |
| Next Low | 81.540000000 |
| 2nd Low | 78.840000000 |
| 3rd Low | 77.630000000 |