LTC/USDT – 30M – SELLThe combination Litecoin/Tether (LTC/USDT) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 91.530000000 is expected.
Caution: A possible change in the direction of the resistance line at 103.180000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 91.63822 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of support at 103.180000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 106.360000000 |
| Next High | 103.180000000 |
| Current Price | 96.330000000 |
| Next Low | 91.530000000 |
| 2nd Low | 87.630000000 |
| 3rd Low | 87.080000000 |