LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 84.650000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 77.630000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 85 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 84.650000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 85.000000000 |
| Next High | 84.650000000 |
| Current Price | 82.550000000 |
| Next Low | 77.630000000 |
| 2nd Low | 71.860000000 |
| 3rd Low | 68.000000000 |