LTC/USDT – 30M – SELLThe combination goes from the ascending trendline downwards
A descending movement downwards to the next support line at 64.120000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 67.850000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 66.75732 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 67.850000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 68.590000000 |
| 2nd High | 67.980000000 |
| Next High | 67.850000000 |
| Current Price | 66.280000000 |
| Next Low | 64.120000000 |
| 2nd Low | 63.220000000 |
| 3rd Low | 61.970000000 |