LTC/USDT – 30M – BUYThe combination Litecoin/Tether (LTC/USDT) goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 122.730000000 will continue.
Caution: A possible counter-trend in the direction of the support zone at 115.380000000 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 119.145 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 122.730000000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 125.340000000 |
| 2nd High | 124.030000000 |
| Next High | 122.730000000 |
| Current Price | 117.530000000 |
| Next Low | 115.380000000 |
| 2nd Low | 114.260000000 |
| 3rd Low | 106.010000000 |