LTC/USDT – 30M – SELLThe combination jumps from the bullish trendline downwards
A descending movement downwards to the next support at 65.630000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 68.590000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 66.28 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 68.590000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 71.520000000 |
| 2nd High | 70.320000000 |
| Next High | 68.590000000 |
| Current Price | 65.870000000 |
| Next Low | 65.630000000 |
| 2nd Low | 64.820000000 |
| 3rd Low | 64.330000000 |