@LTC/USDT – Weekly 📊
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 — trend still intact.
Currently:
• Price is again at the same rising trendline
• A falling wedge (red lines) has formed
• Falling wedge = bullish reversal pattern
This setup suggests:
➡️ Breakout from wedge
➡️ Move toward upper resistance / trendline target
📌 Invalidation: Weekly close below rising support
📌 Bias: Bullish while trendline holds
