LTC/USDT – 1H – SELLThe currency pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline downwards
A descent downwards to the next support at 118.360000000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 134.190000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 126.22 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 134.190000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 134.190000000 |
| Current Price | 128.850000000 |
| Next Low | 118.360000000 |
| 2nd Low | 118.250000000 |
| 3rd Low | 117.370000000 |
134.190000000 – 128.150000000 – 126.140000000 – 128.900000000 – 118.360000000 – 122.070000000 — 44.462153341536 – 41.692217660686
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Triple bottom chart pattern – –