LTC/USDT – 30M – SELLThe currency pair goes from the ascending trendline down.
A bearish movement down to the next support at 65.630000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 67.850000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 66.83 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 67.850000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 69.350000000 |
| 2nd High | 68.030000000 |
| Next High | 67.850000000 |
| Current Price | 67.230000000 |
| Next Low | 65.630000000 |
| 2nd Low | 64.820000000 |
| 3rd Low | 64.330000000 |