LTC/USDT – 1H – SELLThe combination Litecoin/Tether (LTC/USDT) moves from the descending trendline downwards
A continuation of the downward movement down to the next support at 81.540000000 is considered certain.
Caution: A possible change in the direction of the resistance line at 93.000000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 88.27 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 93.000000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.490000000 |
| 2nd High | 95.000000000 |
| Next High | 93.000000000 |
| Current Price | 88.950000000 |
| Next Low | 81.540000000 |
| 2nd Low | 78.840000000 |
| 3rd Low | 77.630000000 |