@LTC/USDT â Weekly đ
LTC is holding a long-term ascending trendline that has been tested multiple times over the years (yellow circles).
Every touch of this rising support led to a strong bullish move â trend still intact.
Currently:
âą Price is again at the same rising trendline
âą A falling wedge (red lines) has formed
âą Falling wedge = bullish reversal pattern
This setup suggests:
âĄïž Breakout from wedge
âĄïž Move toward upper resistance / trendline target
đ Invalidation: Weekly close below rising support
đ Bias: Bullish while trendline holds