LTC/USDT – 30M – SELLThe combination jumps from the bullish trendline down.
A bearish movement downwards to the next support at 69.600000000 is certain.
Caution: A possible change in the direction of the resistance line at 72.450000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 71.3998 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 72.450000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 75.880000000 |
| 2nd High | 74.620000000 |
| Next High | 72.450000000 |
| Current Price | 72.320000000 |
| Next Low | 69.600000000 |
| 2nd Low | 68.000000000 |
| 3rd Low | 66.790000000 |