LTC/USDT – 1H – SELL
The pair goes from the bearish trendline down.
A continuation of the downtrend down to the next support at 64.110000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 65.960000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 64.11 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 65.960000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 68.590000000 |
2nd High | 67.980000000 |
Next High | 65.960000000 |
Current Price | 64.690000000 |
Next Low | 64.110000000 |
2nd Low | 63.810000000 |
3rd Low | 61.920000000 |