$LTC is consolidating within a falling wedge pattern and is currently trading below the resistance trendline. The Ichimoku Cloud is acting as a resistance barrier.
A solid breakout of the pattern would signal a bullish trend, while a breakdown below the support trendline would invalidate the pattern.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$LTC is consolidating within a falling wedge pattern and is currently trading below the resistance trendline. The Ichimoku Cloud is acting as a resistance barrier.
A solid breakout of the pattern would signal a bullish trend, while a breakdown below the support trendline would invalidate the pattern.