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: Descending Triangle
LTC/USD,
4 hours
LONG
4 days ago
There is a descending triangle turning up, the price breaks out.
A descending triangle tends to be a bullish chart indicator that can be used to signal the bears have run out of steam once price breaks out.
A rangebound to 84 looks possible once beyond 83.6 amid the cryptocurrency recovers from recent lows.
Litecoin: Descending Channel
LTC/USD,
4 hours
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: Rectangle
LTC/USD,
1 hour
SHORT
Mar 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: Bearish Flag
LTC/USD,
4 hours
SHORT
6 days ago
There is a bearish flag identified.
A bearish flag signals a further move down if price breaks out to the the downside.
Ltcusd risks suffer setback to 84 as ltcusd becomes bearish.
Litecoin: Ascending Channel
LTC/USD,
4 hours
SHORT
5 days ago
There is an ascending channel spotted and ltcusd requires a move to confirm ascending channel breakdown.
An ascending channel identifies a specific bearish chart signal that is used to predict a move down if price breaks out to the the downside.
A further move towards 84 is a possibility on a breakdown of the ascending channel.
Litecoin: Ascending Triangle
LTC/USD,
1 hour
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: Ascending Channel
LTC/USD,
1 hour
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: Descending Channel
LTC/USD,
1 hour
LONG
Oct 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: Ascending Channel
LTC/USD,
1 hour
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: Falling Wedge
LTC/USD,
1 hour
LONG
Dec 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: Bearish Rectangle
LTC/USD,
1 hour
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.
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Litecoin · LTC/USD