LTC/USDT – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

The pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline down.

A descent down to the next support at 113.050000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 115.470000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘RSI cross above 70’ indicator signal is discovered. The indicator shows ‘RSI cross above 70’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 112.28 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 115.470000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

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 –