LTC/USDT – 1H – BUYThe pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.
A bearish trend down to the next support at 130.080000000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 147.060000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 147.06 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 147.060000000 could occur.
Consider stop-loss settings accordingly.
| 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 |