LTCUSDT (LITCOIN) - POSSIBLE PRICE ACTIONS

ANALYSIS 🔎
- LTCUSDT is printing a descending triangle pattern.
- Price is testing the descending triangle's inclined resistance.
- We could see a rejection of the inclined resistance or breakout above the inclined resistance.

POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: Breakout above the descending triangle's inclined resistance and the horizontal resistance level (R1).
- Downtrend ⬇️: Breakdown below the horizontal support level (S1).

TARGETS 🎯
- Uptrend ⬆️: Horizontal resistance level (R2).
- Downtrend ⬇️: Descending triangle's horizontal support.