LTC/USDT – 1H – BUYThe pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline downwards
A descent downwards to the next support level at 111.640000000 is certain.
Caution: A possible change in the direction of the resistance level at 117.380000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 117.38 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 117.380000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.030000000 |
| 2nd High | 122.730000000 |
| Next High | 117.380000000 |
| Current Price | 113.630000000 |
| Next Low | 111.640000000 |
| 2nd Low | 104.610000000 |
| 3rd Low | 97.360000000 |