Cabana Capitals Blog Technical Analysis LTCUSD approaching support of a Rising Wedge

LTCUSD approaching support of a Rising Wedge

LTCUSD approaching support of a Rising Wedge post thumbnail image

An emerging Rising Wedge has been detected on LTCUSD on the 30 Minutes chart. There is a possible move towards 57.5396 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.

Target: 57.5396 Entry: 58.29 Stop: 59.34

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