LTC/USDT – 4H – SELLAnd also a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.
The currency pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline down.
The bearish trend downwards to the next support at 109.500000000 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 124.770000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 134.190000000 |
| Next High | 124.770000000 |
| Current Price | 117.690000000 |
| Next Low | 109.500000000 |
| 2nd Low | 106.380000000 |
| 3rd Low | 103.160000000 |
118.730000000 – 115.120000000 – 116.270000000 – 109.500000000 – 106.380000000 – 108.300000000 — 63.5225569128 – 54.974329329274
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Rising Wedge Chart Pattern – –