LTC/USDT – 4H – SELLAnd also a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The combination Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.
A descending movement downwards to the next support level at 118.360000000 will continue.
Caution: A possible counter-trend in the direction of resistance at 134.190000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
| 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 – –