LTC/USDT – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 61.54882 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support line at 66.760000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 67.990000000 |
| 2nd High | 67.000000000 |
| Next High | 66.760000000 |
| Current Price | 63.230000000 |
| Next Low | 62.100000000 |
| 2nd Low | 61.520000000 |
| 3rd Low | 60.130000000 |