LTC/USDT – 30M – SELLThe pair jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 70.100000000 is expected.
Caution: A possible change in the direction of resistance at 74.620000000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 70.1 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 74.620000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 76.190000000 |
| 2nd High | 75.880000000 |
| Next High | 74.620000000 |
| Current Price | 70.530000000 |
| Next Low | 70.100000000 |
| 2nd Low | 69.830000000 |
| 3rd Low | 69.320000000 |