LTC/USDT – 1H – SELLThe currency pair goes from the bullish trendline downwards
A descending movement downwards to the next support level at 67.700000000 is certain.
Caution: A possible change in the direction of the resistance line at 71.090000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 69.27648 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 71.090000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 75.880000000 |
| 2nd High | 74.380000000 |
| Next High | 71.090000000 |
| Current Price | 70.200000000 |
| Next Low | 67.700000000 |
| 2nd Low | 66.790000000 |
| 3rd Low | 65.270000000 |