LTC/USDT – 30M – SELLThe pair jumps from the bullish trendline downwards
A bearish descent downwards to the next support at 64.120000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 67.260000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 66.30656 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 67.260000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 68.590000000 |
| 2nd High | 67.980000000 |
| Next High | 67.260000000 |
| Current Price | 66.850000000 |
| Next Low | 64.120000000 |
| 2nd Low | 63.220000000 |
| 3rd Low | 61.970000000 |