LTC/USDT – 30M – BUYThe pair goes from the ascending trendline downwards
A descending movement down to the next support level at 64.480000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 67.030000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 66.23 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 67.030000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 68.590000000 |
| 2nd High | 67.980000000 |
| Next High | 67.030000000 |
| Current Price | 65.380000000 |
| Next Low | 64.480000000 |
| 2nd Low | 63.810000000 |
| 3rd Low | 61.970000000 |