LTC/USDT – 30M – SELLAdditionally a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The currency pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline down.
A bearish trend downwards to the next support level at 42.69 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 43.54 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 46.92 |
| 2nd High | 43.82 |
| Next High | 43.54 |
| Current Price | 42.950000000 |
| Next Low | 42.69 |
| 2nd Low | 42.19 |
| 3rd Low | 41.91 |
43.54 – 43.2 – 42.95 – 42.69 – 42.19 – 41.91 —
43.350000000 – 43.130000000 —
49.194518630695 – 53.264421699413 —
– —
43.54 – 1781276400
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Rising Wedge Chart Pattern – –