LTC/USDT – 30M – SELLThe pair moves from the bullish trendline downwards
A bearish descent downwards to the next support at 69.830000000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 73.070000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 71.2292 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 73.070000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 73.070000000 |
| Current Price | 72.580000000 |
| Next Low | 69.830000000 |
| 2nd Low | 69.320000000 |
| 3rd Low | 65.270000000 |