LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) moves from the descending trendline downwards
A continuation of the downward movement down to the next support line at 115.420000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 125.340000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 115.42 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 125.340000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 135.900000000 |
| 2nd High | 127.210000000 |
| Next High | 125.340000000 |
| Current Price | 116.100000000 |
| Next Low | 115.420000000 |
| 2nd Low | 106.010000000 |
| 3rd Low | 101.230000000 |