LTC/USDT – 30M – BUYThe currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance line at 120.660000000 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 114.260000000 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 119.8 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 120.660000000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 127.210000000 |
| 2nd High | 125.340000000 |
| Next High | 120.660000000 |
| Current Price | 118.260000000 |
| Next Low | 114.260000000 |
| 2nd Low | 106.010000000 |
| 3rd Low | 101.230000000 |