LTC/USDT – 1H – BUYThe combination moves from the bullish trendline down.
A bearish movement downwards to the next support line at 65.630000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 69.350000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 69.35 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance zone at 69.350000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 69.420000000 |
| Next High | 69.350000000 |
| Current Price | 69.230000000 |
| Next Low | 65.630000000 |
| 2nd Low | 64.330000000 |
| 3rd Low | 62.390000000 |