LTC/USDT – 30M – SELLFurthermore a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The combination Litecoin/Tether (LTC/USDT) jumps from the bullish trendline downwards
A bearish descent downwards to the next support at 82.83 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 84.57 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 87.8 |
| 2nd High | 86.77 |
| Next High | 84.57 |
| Current Price | 82.440000000 |
| Next Low | 82.83 |
| 2nd Low | 82.82 |
| 3rd Low | 81.44 |
84.57 – 83.68 – 83.17 – 82.83 – 82.82 – 81.44 — 47.849368716761 – 38.180743401 — 36.372481910903 – 22.847954026062 – 56.521860115182 – 41.448923592031
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Rising Wedge Chart Pattern – –