Sell LTC/USDT – 1H – SELL

The pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline downwards

A descent down to the next support level at 99.460000000 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 122.730000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 102.78196 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 122.730000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 125.340000000
2nd High 124.030000000
Next High 122.730000000
Current Price 108.210000000
Next Low 99.460000000
2nd Low 97.540000000
3rd Low 96.620000000

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Trading Signals:

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