There is a descending triangle encountered and LTC/USD expects a further bigger move as an information of a breakout.
A descending triangle tends to be a reliable bullish chart pattern that is used to signal the more likely potential of rising prices once price breaks out to the the upside.
It is likely that a further bullish run to 95 will happen.
Litecoin: Absteigender Kanal
LTC/USD,
4 Stunden
LONG
Feb 26
We can see that a descending channel pops up.
When price breaks out, the resulting move could identify a next move up.
LTC/USD dives out bearish trendline to the 72 zone.
Litecoin: Rechteck
LTC/USD,
1 Stunde
SHORT
Mär 4
It seems like a rectangle is close to being finished and LTC/USD requests further bigger push down as a sign of a breakout.
A rectangle tends to be a compelling bearish indicator that identifies a move down once price breaks out.
There is a probability of a move to the 89 zone.
Litecoin: Absteigender Kanal
LTC/USD,
1 Tag
LONG
Okt 2
We can see that a descending channel forms and ltcusd requests a strong move as a clue of a breakout.
A descending channel indicates a bullish price action once price breaks above resistance.
A move towards 120 is about to happen amid rising bets for the move.
Litecoin: Aufsteigendes Dreieck
LTC/USD,
1 Stunde
LONG
Jun 30
LTC/USD completes an ascending triangle.
Once price breaks out, the resulting move could predict that prices are likely to keep rallying upward.
A bullish price action to 87 stays on the cards.
Litecoin: Aufsteigender Kanal
LTC/USD,
1 Stunde
SHORT
Jan 31
It looks like LTC/USD gives an ascending channel and the price needs a more move as proof of a breakdown.
An ascending channel results in price reversal after a pause when price collapses through the support line.
It is possible that a rangebound towards 67 will be made.
Litecoin: Absteigender Kanal
LTC/USD,
1 Stunde
LONG
Okt 9
There is a descending channel arising, the price requests a further steady move as a signal of a breakout.
A descending channel is considered to be a compelling price action formation that has a downward slope that often identifies a downward trend is about to reverse into an upnward trend when price breaks out to the the upside.
It is possible that a bullish price action towards 120 will be made as there is a chance for a upside correction.
Litecoin: Aufsteigender Kanal
LTC/USD,
1 Stunde
SHORT
Jul 3
An ascending channel is found and the price is going to break out soon.
An ascending channel often results in an extension in the downward direction once price breaks through the support.
It is not ruled out that a rangebound to the 74 level will happen while lower than 74.3.
Litecoin: Aufsteigender Kanal
LTC/USD,
1 Tag
SHORT
Okt 11
There is an ascending channel turning up and ltcusd lacks a move as proof of a breakout.
An ascending channel predicts a move down in case if price breaks out.
Ltcusd to suffer further downside to the 100 level while below 106 as the cryptocurrency becomes weaker.
Litecoin: Fallender Keil
LTC/USD,
1 Stunde
LONG
Dez 1
A falling wedge is close to completion and the price is close to breaking out.
A falling wedge provides a bullish chart indicator that is used to spot a bullish move when price breaks through the resistance.
It is likely that a rangebound to 103 will happen on a breach of 102.4 as weakness seen overdone.
Litecoin: Bärisches Rechteck
LTC/USD,
1 Stunde
SHORT
Feb 24
There is a bearish rectangle forming.
A bearish rectangle typically spots an extension in the downward direction when price collapses through the support line.
LTC/USD risks further decline to 125.
Litecoin: Absteigender Kanal
LTC/USD,
1 Stunde
LONG
Jun 20
There is a descending channel detected.
A descending channel typically spots the bears have run out of steam in case if price breaks out.
There is a chance of a move towards 78.5 as door open for a test of 78.5.
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Litecoin · LTC/USD