LTC/USDT – 30M – SELLThe pair moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 62.390000000 will persist.
Caution: A possible counter-trend in the direction of resistance at 66.060000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 64.08 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 66.060000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 66.760000000 |
| 2nd High | 66.310000000 |
| Next High | 66.060000000 |
| Current Price | 64.930000000 |
| Next Low | 62.390000000 |
| 2nd Low | 62.230000000 |
| 3rd Low | 62.100000000 |