LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance line at 92.780000000 will continue.
Caution: A possible counter-trend in the direction of the support zone at 87.630000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 93 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 92.780000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.000000000 |
| 2nd High | 93.000000000 |
| Next High | 92.780000000 |
| Current Price | 92.200000000 |
| Next Low | 87.630000000 |
| 2nd Low | 81.540000000 |
| 3rd Low | 78.840000000 |