LTC/USDT – 30M – SELLThe pair goes from the descending trendline down.
A continuation of the downtrend down to the next support line at 64.850000000 is certain.
Caution: A possible change in the direction of resistance at 70.970000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 67.71 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 70.970000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 72.730000000 |
| 2nd High | 71.250000000 |
| Next High | 70.970000000 |
| Current Price | 68.940000000 |
| Next Low | 64.850000000 |
| 2nd Low | 64.450000000 |
| 3rd Low | 64.120000000 |