Crypto2AF

LTC/USDT - Litecoin: Falling Wedge

BINANCE:LTCUSDT   Litecoin / TetherUS
◳◱ On the $LTC/ USDT chart, the Falling Wedge pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 74.14 | 77.16 | 83.25 and support near 68.05 | 64.98 | 58.89. Entering trades at 73.24 could be strategic, aiming for the next resistance level.

◰◲ General info:
▣ Name: Litecoin
▣ Rank: 22
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Payments - Currencies
▣ Overview: Litecoin is a fork of Bitcoin's codebase with four times faster block times and a four times larger supply. The project considers itself complementary to Bitcoin as a silver to Bitcoin's gold. It is often used as a pseduo-testnet for Bitcoin, adopting new protocol changes before they are deployed on Bitcoin.

◰◲ Technical Metrics:
▣ Mrkt Price: 73.24 ₮
▣ 24HVol: 47,073,976.056 ₮
▣ 24H Chng: -4.086%
▣ 7-Days Chng: 1.27%
▣ 1-Month Chng: 5.74%
▣ 3-Months Chng: 7.66%

◲◰ Pivot Points - Levels:
◥ Resistance: 74.14 | 77.16 | 83.25
◢ Support: 68.05 | 64.98 | 58.89

◱◳ Indicators recommendation:
▣ Oscillators: BUY
▣ Moving Averages: SELL

◰◲ Technical Indicators Summary: NEUTRAL

◲◰ Sharpe Ratios:
▣ Last 30D: 1.57
▣ Last 90D: 1.19
▣ Last 1-Y: 0.42
▣ Last 3-Y: 0.26
◲◰ Volatility:
▣ Last 30D: 0.46
▣ Last 90D: 0.43
▣ Last 1-Y: 0.66
▣ Last 3-Y: 0.93

◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.52 - Bullish
▣ Reddit sentiment score is 0.59 - Bullish

▣ In-depth LTCUSDT technical analysis on Tradingview TA page


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