LTC/USDT – 4H – BUYThe pair goes from the ascending trendline down.
A bearish descent down to the next support level at 62.100000000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 71.520000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 65.825 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 71.520000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 71.520000000 |
| Current Price | 63.680000000 |
| Next Low | 62.100000000 |
| 2nd Low | 60.130000000 |
| 3rd Low | 59.650000000 |