Moreover a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.
The pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.
A bearish trend downwards to the next support at will continue.
Caution: A possible trend reversal in the direction of the resistance line at 55.72 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 61.38 |
| 2nd High | 59 |
| Next High | 55.72 |
| Current Price | 53.160000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
55.72 – 55.53 – 54.95 – 52.47 – 51.47 – 50.18 —
54.770000000 – 54.300000000 —
55.750831179462 – 47.696345963469 —
– —
55.72 – 1772467200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Rising Wedge Chart Pattern – –