LTC is consolidating within a falling wedge pattern and is currently facing rejection from the wedgeās resistance trendline. The Ichimoku cloud is also acting as a resistance barrier above the price action. A breakout above both the pattern and the cloud would confirm a bullish trend, while continued rejection could lead to further price movement within the pattern.
Bitcoin is facing rejection from the horizontal supply zone of the ascending triangle pattern. Currently, it is trading above the support trendline of the pattern. The Ichimoku Cloud is acting as a support, indicating underlying strength. A confirmed breakout or breakdown is needed to determine the next directional move.
$Bitcoin Liquidation Heatmap is that we still have a lot of liquidity building just above the price of bitcoin at very close to 111,000 around 110,9k to 111,000