LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline down.
A bearish movement down to the next support at 87.630000000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 106.360000000 should be noted.
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 will persist. Target of the current trend is 106.36 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 106.360000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 106.360000000 |
| Current Price | 102.110000000 |
| Next Low | 87.630000000 |
| 2nd Low | 81.540000000 |
| 3rd Low | 78.840000000 |