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.
Litecoin: Bearish Flag
LTC/USD,
4 hours
SHORT
May 6
A bearish flag comes out, the price is going to break out soon.
A bearish flag often indicates a bullish-to-bearish trend reversal when price breaks through the support.
LTC/USD set to accelerate its decline to 86.
Litecoin: Descending Triangle
LTC/USD,
1 hour
LONG
Oct 15
It seems like a descending triangle is close to completion and the price requires a next strong impulse up as an information of a breakout.
A descending triangle provides a bullish price signal that is used to identify the bears have run out of steam in case if price breaks through the resistance.
It is likely that a bullish push up towards 61.6 will take place.
Litecoin: Ascending Triangle
LTC/USD,
1 hour
SHORT
Oct 9
An ascending triangle is close to being completed.
An ascending triangle can be thought of as a specific price action signal that is used to spot a bearish price move if price collapses through the support line.
LTC/USD hints a change to the downside towards 65.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Aug 20
As we can see a descending channel is close to being complete, LTC/USD demands an active bullish action as an information of a breakout.
A descending channel predicts a next move up when price breaks above resistance.
It is likely that a bullish push up towards the 65.5 zone will form as downside pressure alleviates.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Oct 31
There is an ascending channel coming out and the price requests a strong move as a verification of a breakdown.
An ascending channel is believed to be a compelling signal that typically spots a breakdown is likely to occur once price breaks down.
LTC/USD set to extend its decline towards 68 while lower than 68.6 as bears seeking a new low.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Dec 13
A descending channel has been exposed, the price is about to break out soon.
A descending channel typically identifies reversals in downtrends if price breaks out to the the upside.
LTC/USD could attempt a move towards 72.5.
Litecoin: Ascending Channel
LTC/USD,
4 hours
SHORT
Dec 30
An ascending channel is revealed and LTC/USD requests a move as a sign of a breakdown.
An ascending channel identifies a compelling price pattern with an upward bias that can be used to indicate price heading to a new direction if price collapses through the support line.
LTC/USD to resume its downfall towards the 72 zone.
Litecoin: Descending Channel
LTC/USD,
1 hour
SHORT
Mar 14
We can see that LTC/USD composes a descending channel, the price breaks out now.
Once price breaks out to the the downside, the move could predict that the price to go short.
A bearish price action towards 94 is going to happen as gains remain capped.
Litecoin: Rectangle
LTC/USD,
1 hour
LONG
Feb 28
We can see that a rectangle is close to being finished, LTC/USD calls for an active bullish continuation for clear breakout confirmation.
A rectangle typically indicates that the price to go long when price breaks out.
LTC/USD points to the upside towards 77 while above 76.2.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Mar 11
A descending channel is exposed, the price requires a more steady bullish continuation as evidence of a breakout.
In case if price breaks above resistance, the resulting move could identify a bullish price action.
LTC/USD targets a move to 90 as the cryptocurrency becomes bullish.
Litecoin: Ascending Channel
LTC/USD,
4 hours
SHORT
Dec 7
We can see that an ascending channel is nearing completion.
An ascending channel spots that the price to go short once price breaks out to the the downside.
Decline to 70 looks likely.
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Litecoin · LTC/USD