Get started
MrFusion

LTC bearish rising wedge

Short
Litecoin (BITFINEX:LTCUSD)  
MrFusion Updated   
BITFINEX:LTCUSD   Litecoin
Chart Patterns
4
1
chartpattern
LTC bearish rising wedge on decreasing volume. Beware!
Comment:
With the latest price action, the top wedge trendline should be angled differently. Based on that, I can see price action going as high as 195-196 before the wedge breaks down.

snapshot
Comment:
Wedge currently breaking down..

snapshot
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.