LTC/USDT – 1H – SELLCorrection of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 69.045 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 74.870000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 74.870000000 |
| Current Price | 71.940000000 |
| Next Low | 69.320000000 |
| 2nd Low | 65.270000000 |
| 3rd Low | 64.120000000 |