LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline downwards
A bearish descent downwards to the next support level at 101.690000000 will continue.
Caution: A possible counter-trend in the direction of resistance at 106.510000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 103.381 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 106.510000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110.670000000 |
| 2nd High | 110.350000000 |
| Next High | 106.510000000 |
| Current Price | 103.460000000 |
| Next Low | 101.690000000 |
| 2nd Low | 101.080000000 |
| 3rd Low | 99.460000000 |