LTC/USDT – 30M – BUYThe combination breaks through the descending trendline upwards
A bullish trend up to the next resistance level at 67.210000000 will continue.
Caution: A possible reversal of the trend in the direction of support at 65.910000000 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 67.505 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 67.210000000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 69.350000000 |
| 2nd High | 68.030000000 |
| Next High | 67.210000000 |
| Current Price | 66.930000000 |
| Next Low | 65.910000000 |
| 2nd Low | 65.660000000 |
| 3rd Low | 64.820000000 |