LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline down.
A descent downwards to the next support level at 92.250000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 99.230000000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 91.53 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 99.230000000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 106.360000000 |
| 2nd High | 103.180000000 |
| Next High | 99.230000000 |
| Current Price | 93.240000000 |
| Next Low | 92.250000000 |
| 2nd Low | 91.530000000 |
| 3rd Low | 87.630000000 |