Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 84.56508 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 94.170000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 102.940000000 |
| 2nd High | 98.950000000 |
| Next High | 94.170000000 |
| Current Price | 86.470000000 |
| Next Low | 86.710000000 |
| 2nd Low | 86.590000000 |
| 3rd Low | 81.950000000 |
94.170000000 – 93.650000000 – 88.460000000 – 89.530000000 – 86.710000000 – 86.590000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Three Black Crows