LTC/USDT – 1H – SELLThe pair jumps from the descending trendline down.
A continuation of the downward movement down to the next support level at 64.850000000 is considered certain.
Caution: A possible change in the direction of the resistance level at 66.060000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 64.43 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 66.060000000 should be noted.
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 | 66.060000000 |
| Current Price | 65.020000000 |
| Next Low | 64.850000000 |
| 2nd Low | 62.390000000 |
| 3rd Low | 62.100000000 |