LTC/USDT – 30M – SELLThe combination jumps from the bullish trendline downwards
A bearish descent down to the next support line at 65.050000000 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 67.980000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 65.37834 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support zone at 67.980000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 70.320000000 |
| 2nd High | 68.590000000 |
| Next High | 67.980000000 |
| Current Price | 66.190000000 |
| Next Low | 65.050000000 |
| 2nd Low | 64.670000000 |
| 3rd Low | 63.810000000 |