LTC/USDT – 1H – SELLThe currency pair moves from the ascending trendline down.
A bearish movement down to the next support at 65.630000000 is likely expected.
Caution: A possible change in the direction of the resistance level at 70.320000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 66.28 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 70.320000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 71.520000000 |
| Next High | 70.320000000 |
| Current Price | 65.870000000 |
| Next Low | 65.630000000 |
| 2nd Low | 64.330000000 |
| 3rd Low | 62.390000000 |