LTC/USDT – 4H – BUYThe pair breaks through the descending trendline upwards
An ascent upwards to the next resistance at 74.380000000 will persist.
Caution: A possible trend reversal in the direction of support at 66.790000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 69.055 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 74.380000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 76.190000000 |
| Next High | 74.380000000 |
| Current Price | 66.960000000 |
| Next Low | 66.790000000 |
| 2nd Low | 63.220000000 |
| 3rd Low | 61.920000000 |