LTC/USDT – 1H – SELLThe combination moves from the bullish trendline downwards
A bearish movement downwards to the next support line at 62.390000000 is certain.
Caution: A possible change in the direction of the resistance line at 65.480000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 64.14 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 65.480000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 67.000000000 |
| 2nd High | 66.760000000 |
| Next High | 65.480000000 |
| Current Price | 65.310000000 |
| Next Low | 62.390000000 |
| 2nd Low | 62.100000000 |
| 3rd Low | 61.520000000 |