LTC/USDT – 30M – BUY
The pair breaks through the descending trendline upwards
An ascending movement upwards to the next resistance at 69.350000000 will continue.
Caution: A possible counter-trend in the direction of the support zone at 65.630000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 68.5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 69.350000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 69.970000000 |
2nd High | 69.420000000 |
Next High | 69.350000000 |
Current Price | 68.700000000 |
Next Low | 65.630000000 |
2nd Low | 64.820000000 |
3rd Low | 64.330000000 |