LTC/USDT – 30M – SELLThe combination moves from the bullish trendline down.
A bearish movement down to the next support level at 63.220000000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 65.910000000 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 64.11916 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 65.910000000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 67.030000000 |
| 2nd High | 65.960000000 |
| Next High | 65.910000000 |
| Current Price | 64.650000000 |
| Next Low | 63.220000000 |
| 2nd Low | 61.970000000 |
| 3rd Low | 61.920000000 |