LTC/USDT – 1H – SELLThe pair moves from the bullish trendline downwards
The bearish trend down to the next support at 71.890000000 will persist.
Caution: A possible trend reversal in the direction of resistance at 75.880000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 70.73 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 75.880000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 76.190000000 |
| Next High | 75.880000000 |
| Current Price | 72.940000000 |
| Next Low | 71.890000000 |
| 2nd Low | 69.320000000 |
| 3rd Low | 65.270000000 |