LTC/USDT – 30M – BUYThe currency pair breaks through the descending trendline up.
A bullish ascent upwards to the next resistance at 67.850000000 will persist.
Caution: A possible counter-trend in the direction of the support level at 65.910000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 66.845 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 67.850000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 69.350000000 |
| 2nd High | 68.030000000 |
| Next High | 67.850000000 |
| Current Price | 66.400000000 |
| Next Low | 65.910000000 |
| 2nd Low | 65.660000000 |
| 3rd Low | 64.820000000 |