LTC/USDT – 1H – BUYThe combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance line at 138.670000000 will persist.
Caution: A possible trend reversal in the direction of the support level at 130.080000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 134.02616 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 138.670000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 147.060000000 |
| Next High | 138.670000000 |
| Current Price | 130.550000000 |
| Next Low | 130.080000000 |
| 2nd Low | 130.000000000 |
| 3rd Low | 121.900000000 |