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nagihatoum

LTC retested rising wedge and was rejected

Short
Litecoin / TetherUS (BINANCE:LTCUSDT)  
nagihatoum  
BINANCE:LTCUSDT   Litecoin / TetherUS
Trend Analysis Chart Patterns Technical Indicators BTC BTCUSD
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trendanalysis chartpattern indicator btc btcusd
LTC showed strength today relative to BTC and attempted to change trend upward. Only to be rejected by the rising wedge that it fell out of.

There was multiple rejections at 61.5 and bearish divergences, confirming a downward trend resumption.

Idee correlate

nagihatoum
LTC downward trend confirmed
nagihatoum
All plausible price paths for LTC
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