Buy LTC/USDT – 1H – BUY

The pair jumps from the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance level at 64.350000000 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 62.100000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 65.19532 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 64.350000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 67.000000000
2nd High 66.760000000
Next High 64.350000000
Current Price 63.890000000
Next Low 62.100000000
2nd Low 61.520000000
3rd Low 60.130000000

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