LTC/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.

The pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline downwards

A bearish descent down to the next support line at 113.050000000 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 115.470000000 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘RSI cross above 70’ indicator signal is existing. The indicator shows ‘RSI cross above 70’. which could be a negative chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 112.28 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 115.470000000 is also possible.
Consider stop-loss settings accordingly.

115.470000000 – 113.900000000 – 116.380000000 – 113.050000000 – 112.010000000 – 109.330000000 — 52.050435453698 – 47.397385806984

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Rising Wedge Chart Pattern –