LTC COIN SIGNAL ALERT
SIGNAL TYPE : SHORT
COIN NAME :$LTC
1) This chart represents LTC/USDT on a 4-hour time frame, showing a rising wedge pattern, which is typically a bearish reversal pattern. The price is making higher highs and higher lows, but the upward momentum is slowing down. A breakdown from this pattern typically leads to a bearish move. The RSI is at 50.33, not overbought, but it's showing a weakening momentum, supporting the idea of a potential downward move. The MACD histogram is showing bearish momentum, with the MACD line moving below the signal line, reinforcing a potential bearish move.
2)This is the OTHERS.D on a 1-day chart. The price is currently inside a falling wedge, which typically signals a potential bearish breakdown if the price breaks below the lower trendline 📉. The price has been consolidating within the wedge, and a breakdown below the lower boundary suggests the possibility of a sharp downward move.
ENTRY PRICE :84.86 or market price)
1st tp: 82.24
2nd tp: 81.13
3rd tp: 76.72
SL : 88.99 ( This trade only for spot and sl for future )
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