LTC/USDT – 4H – BUYThe pair breaks through the descending trendline up.
A bullish ascent up to the next resistance at 67.000000000 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 62.100000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 67.99 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of resistance at 67.000000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 67.990000000 |
| Next High | 67.000000000 |
| Current Price | 66.770000000 |
| Next Low | 62.100000000 |
| 2nd Low | 60.130000000 |
| 3rd Low | 59.650000000 |