Then a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The currency pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline downwards
The bearish trend downwards to the next support at 118.360000000 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 134.190000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 134.190000000 |
| Current Price | 120.850000000 |
| Next Low | 118.360000000 |
| 2nd Low | 118.250000000 |
| 3rd Low | 103.160000000 |
134.190000000 – 126.420000000 – 129.160000000 – 118.360000000 – 118.250000000 – 103.160000000 — 42.432256758255 – 41.310906042979
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Rising Wedge Chart Pattern – –