LTC/USDT – 4H – BUYThe pair goes from the bearish trendline down.
A continuation of the downward movement down to the next support at 62.100000000 will persist.
Caution: A possible change in the direction of the resistance level at 71.520000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 65.825 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 71.520000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 71.520000000 |
| Current Price | 63.170000000 |
| Next Low | 62.100000000 |
| 2nd Low | 60.130000000 |
| 3rd Low | 59.650000000 |