LITECOIN - Short Opportunity (Rising Wedge)

The price is currently making higher highs and touched the Resistance Line of the Rising Wedge multiple times.
The Support Line is confirmed by making higher lows.
I'm expecting the price to break the Support Line of the Rising Wedge soon, which will be our confirmation point to open our position as follows

Position: Short
Open: Break of Support Line (Yellow Circle)
Close: 52.00 - 52.50 (Target Zone)

I will update this chart accordingly!

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Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only

Trade active

Trade closed: target reached