LTC/USDT – 30M – SELLThe combination goes from the ascending trendline downwards
A bearish trend down to the next support at 71.860000000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 78.370000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 71.16292 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 78.370000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 82.780000000 |
| Next High | 78.370000000 |
| Current Price | 74.280000000 |
| Next Low | 71.860000000 |
| 2nd Low | 68.000000000 |
| 3rd Low | 64.850000000 |