LTC/USDT – 4H – SELLThe combination goes from the ascending trendline downwards
A bearish trend downwards to the next support line at 63.220000000 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 71.520000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will persist. Target of the current trend is 69.4656 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 71.520000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 71.520000000 |
| Current Price | 69.130000000 |
| Next Low | 63.220000000 |
| 2nd Low | 61.920000000 |
| 3rd Low | 60.130000000 |