LTC/USDT – 1H – SELLThe pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline downwards
A descent down to the next support level at 130.080000000 will persist.
Caution: A possible change in the direction of the resistance line at 138.670000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 130 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 138.670000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 147.060000000 |
| Next High | 138.670000000 |
| Current Price | 131.150000000 |
| Next Low | 130.080000000 |
| 2nd Low | 130.000000000 |
| 3rd Low | 121.900000000 |