LTC/USDT – 30M – SELLThe combination jumps from the bullish trendline downwards
The bearish trend downwards to the next support at 64.820000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 68.030000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 65.78942 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 68.030000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 69.420000000 |
| 2nd High | 69.350000000 |
| Next High | 68.030000000 |
| Current Price | 66.340000000 |
| Next Low | 64.820000000 |
| 2nd Low | 64.330000000 |
| 3rd Low | 62.390000000 |