LTC/USDT – 30M – SELLThe currency pair jumps from the bullish trendline down.
A bearish movement downwards to the next support level at 64.480000000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 67.030000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 64.48 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 67.030000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 68.590000000 |
| 2nd High | 67.980000000 |
| Next High | 67.030000000 |
| Current Price | 64.770000000 |
| Next Low | 64.480000000 |
| 2nd Low | 63.810000000 |
| 3rd Low | 61.970000000 |