LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline down.
A descent down to the next support at 130.080000000 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 147.060000000 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 continue. Current target is 147.06 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 147.060000000 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 | 147.060000000 |
| Current Price | 136.500000000 |
| Next Low | 130.080000000 |
| 2nd Low | 130.000000000 |
| 3rd Low | 121.900000000 |