LTC/USDT – 30M – BUYThe combination Litecoin/Tether (LTC/USDT) jumps from the bullish trendline down.
A bearish trend downwards to the next support line at 99.350000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 106.510000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 102.05928 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 106.510000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110.670000000 |
| 2nd High | 110.350000000 |
| Next High | 106.510000000 |
| Current Price | 99.660000000 |
| Next Low | 99.350000000 |
| 2nd Low | 97.540000000 |
| 3rd Low | 96.620000000 |