It looks like an ascending channel is revealed and LTC/USD requires next active fall as a clue of a breakdown.
An ascending channel represents a useful bearish price action formation with an upward bias that is used to predict price heading to a new direction in case if price breakdown occurs.
LTC/USD risks further downside towards 72 once below 73.2 as LTC/USD probes 73.2 hurdle.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Jun 29
There is a descending channel occuring.
A descending channel is considered to be a bullish price signal that can be used to spot that prices are likely to keep rallying upward in case if price breaks out.
LTC/USD to look for a further push towards 86 as the cryptocurrency sticks to the positive mood.
Litecoin: Rectangle
LTC/USD,
4 hours
SHORT
Apr 10
It looks like a rectangle has been encountered, the price is breaking out.
A rectangle denotes a specific bearish chart formation that can be used to indicate that the price to go short if price breaks through the support.
It is possible that a bearish move to 94 will be made amid rising bets for the move.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Feb 20
An ascending channel is close to being completed and the price needs more strong push down as evidence of a breakdown.
An ascending channel suggests a price action formation that can be used to signal a move down if price collapses through the support line.
A further bearish push down towards 70.6 looks probable.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Nov 21
The price gives an ascending channel, LTC/USD demands a further steady move for clear breakdown confirmation.
An ascending channel suggests a technical price formation that has an upward slope that often identifies a temporary interruption during a rising market once price breaks down.
LTC/USD to plummet towards 68.5 on a breach of 69.1 as indicators favor bears.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
May 24
It looks like an ascending channel is close to completion.
If price breaks below support, the resulting move could predict a further move down.
LTC/USD to head towards 90.5.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Dec 22
There is a descending channel taking place, the price is breaking out.
In case if price breaks out to the the upside, the move could predict the bears have run out of steam.
LTC/USD to accomodate towards the 71.5 zone as the mood may improve.
Litecoin: Bullish Flag
LTC/USD,
4 hours
LONG
Jun 30
LTC/USD gives a bullish flag.
If price breaks above resistance, the resulting move could spot a downward trend is nearing its end.
LTC/USD aims to complete a retracement to the 88 level.
Litecoin: Ascending Triangle
LTC/USD,
4 hours
SHORT
6 days ago
An ascending triangle is encountered.
An ascending triangle represents a reliable bearish price action signal that typically spots the more likely potential of falling prices once price breaks through the support.
There is a probability of decline to 79.
Litecoin: Falling Wedge
LTC/USD,
1 hour
LONG
Nov 30
There is a falling wedge spotted, LTC/USD requires a bullish impulse for the certainty of breakout.
A falling wedge predicts the bears have run out of steam when price breaks above resistance.
LTC/USD tests a move towards the 69.6 zone on a breach of 69.4.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Apr 19
The price establishes an ascending channel and the price asks for a more move as a signal of a breakdown.
If price breaks through the support, the move could spot that the price to go down.
LTC/USD to continue lower towards the 100 level.
Litecoin: Ascending Channel
LTC/USD,
4 hours
SHORT
Apr 27
An ascending channel has been noticed, LTC/USD needs a further move to confirm ascending channel breakdown.
An ascending channel denotes a technical bearish chart signal that can be used to predict a sharp decline when price breaks out to the the downside.
LTC/USD is bearish and en route towards 84.
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Litecoin · LTC/USD