LTC/USDT – 30M – SELLThe pair jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 65.910000000 is expected.
Caution: A possible change in the direction of resistance at 67.850000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 66.21932 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 67.850000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 69.350000000 |
| 2nd High | 68.030000000 |
| Next High | 67.850000000 |
| Current Price | 66.550000000 |
| Next Low | 65.910000000 |
| 2nd Low | 65.660000000 |
| 3rd Low | 64.820000000 |