LTC/USDT – 30M – SELLThe combination jumps from the ascending trendline down.
A descent down to the next support level at 67.540000000 will continue.
Caution: A possible change in the direction of the resistance level at 71.520000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 68.575 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 71.520000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 72.330000000 |
| Next High | 71.520000000 |
| Current Price | 69.940000000 |
| Next Low | 67.540000000 |
| 2nd Low | 65.630000000 |
| 3rd Low | 64.820000000 |