Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 55.125 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 56.71 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 57.66 |
| 2nd High | 57.23 |
| Next High | 56.71 |
| Current Price | 55.630000000 |
| Next Low | 54 |
| 2nd Low | 53.8 |
| 3rd Low | 53.54 |
56.71 – 55.48 – 54.69 – 54 – 53.8 – 53.95 —
55.950000000 – 55.850000000 —
51.611481210569 – 55.840654123231 —
– —
56.71 – 1773406800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Rising Wedge Chart Pattern – –