LTC/USDT – 4H – SELLThe pair moves from the bullish trendline down.
A bearish trend downwards to the next support line at 66.790000000 will continue.
Caution: A possible change in the direction of the resistance level at 72.280000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 69.055 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 72.280000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 76.190000000 |
| Next High | 72.280000000 |
| Current Price | 72.220000000 |
| Next Low | 66.790000000 |
| 2nd Low | 63.220000000 |
| 3rd Low | 61.920000000 |