LTC/USDT – 30M – SELLThe pair goes from the bullish trendline down.
A descending movement downwards to the next support level at 64.780000000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 65.960000000 is also possible.
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 persist. Current target is 64.48 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 65.960000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 67.980000000 |
| 2nd High | 67.030000000 |
| Next High | 65.960000000 |
| Current Price | 64.870000000 |
| Next Low | 64.780000000 |
| 2nd Low | 64.520000000 |
| 3rd Low | 64.480000000 |