LTC/USDT – 1H – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance line at 86.76 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 83.08 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 85.87398 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of resistance at 86.76 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.55 |
| 2nd High | 87.25 |
| Next High | 86.76 |
| Current Price | 86.180000000 |
| Next Low | 83.08 |
| 2nd Low | 82.26 |
| 3rd Low | 82.19 |
86.76 – 87.25 – 85 – 83.08 – 82.26 – 82.19 — 46.564410572591 – 60.302008064525 — 25.049180713376 – 54.06269993602 – 22.436517956839 – 34.09775028307
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Double bottom chart pattern – –