LTC/USDT – 30M – SELLThe combination Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.
A bearish trend downwards to the next support line at 89.530000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 93.650000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 90.12 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 93.650000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.950000000 |
| 2nd High | 97.680000000 |
| Next High | 93.650000000 |
| Current Price | 91.780000000 |
| Next Low | 89.530000000 |
| 2nd Low | 87.590000000 |
| 3rd Low | 86.710000000 |
93.650000000 – 93.120000000 – 91.500000000 – 89.530000000 – 87.590000000 – 86.710000000