There is also a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The currency pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline down.
A descending movement down to the next support line at 53.620000000 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 54.75 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.
There is also a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair is likely to fall.
There is also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 56.05 |
| 2nd High | 55.75 |
| Next High | 54.75 |
| Current Price | 54.030000000 |
| Next Low | 53.620000000 |
| 2nd Low | 53.01 |
| 3rd Low | 51.88 |
54.75 – 54.42 – 54.05 – 53.620000000 – 53.01 – 51.88 —
53.840000000 – 54.690000000 —
45.525433811782 – 62.607916309629 —
53.620000000 – 1773097200 —
54.75 – 1773084600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Rising Wedge Chart Pattern – –