Moreover a ‘Falling Wedge Chart Pattern’ chart layout is existing. The chart shows ‘Falling Wedge Chart Pattern’. which is a bullish signal. The currency pair is likely to rise.
The currency pair Litecoin/Tether (LTC/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 90.970000000 will persist.
Caution: A possible counter-trend in the direction of the support level at 87.590000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.950000000 |
| 2nd High | 97.680000000 |
| Next High | 90.970000000 |
| Current Price | 90.730000000 |
| Next Low | 87.590000000 |
| 2nd Low | 86.710000000 |
| 3rd Low | 86.590000000 |
89.540000000 – 88.120000000 – 88.460000000 – 87.590000000 – 86.710000000 – 86.590000000