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RizeSenpai
Sep 10, 2023 8:03 PM

LTCUSD: Ascending Broadening Wedge with a Confirmed Partial Rise Short

Litecoin / DollarBitfinex

Description

We have confirmed the partial rise of the Ascending Broadening Wedge and have failed to break above the major support/resistance level. I now expect the price of LTC to go even lower than 40 and perhaps to around $25-$19 as that would be the HOP level of the Bullish Bat it is currently BAMMing from, but it is possible we get a reaction at around $35 as that would be the 88.6% Retrace, but the most confluence is at the $25-$19 area.
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