LTC/USDT – 4H – BUYThe pair breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 66.760000000 is certain.
Caution: A possible change in the direction of the support level at 62.100000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 66.20524 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 66.760000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 67.990000000 |
| 2nd High | 67.000000000 |
| Next High | 66.760000000 |
| Current Price | 64.160000000 |
| Next Low | 62.100000000 |
| 2nd Low | 60.130000000 |
| 3rd Low | 59.650000000 |