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Litecoin · LTC/USD

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Litecoin: Descending Triangle

LTC/USD, 1 hour    SHORT 34 hours ago
There is a descending triangle detected and the price is about to break out soon. A descending triangle tends to be a compelling bearish price action indicator that can be used to indicate a next move down once price collapses through the support line. LTC/USD to accomodate to 176 on a breach of 178.

Litecoin: Pennant

LTC/USD, 1 hour    LONG May 9
It seems like a pennant is close to being complete. A pennant is believed to be a useful bullish price action pattern that often signals the more likely potential of rising prices once price breaks out. LTC/USD hints a change to the upside to the 360 zone.

Litecoin: Falling Wedge

LTC/USD, 1 hour    LONG May 9
LTC/USD shapes a falling wedge, LTC/USD needs a steady bullish continuation as an information of a breakout. A falling wedge provides a compelling bullish pattern with a downward bias that is used to identify a bullish move if price breaks through the resistance. It is possible that a further move towards 360 will occur on a breach of 350.

Litecoin: Bullish Rectangle

LTC/USD, 1 hour    LONG Jul 26
A bullish rectangle emerges and the price is breaking out. A bullish rectangle depicts a specific bullish price action pattern that indicates that the price to go long in case if price breaks out to the the upside. It is likely that a bullish move towards 129 will form on a upside break as the mood may improve.

Litecoin: Descending Triangle

LTC/USD, 4 hours    LONG Sep 1
There is a descending triangle taking place. A descending triangle suggests a formation that often results in the bears have run out of steam in case if price breaks out. It is not ruled out that a bullish move towards the 180 mark will occur once above 174.

Litecoin: Ascending Channel

LTC/USD, 4 hours    SHORT 42 hours ago
An ascending channel has been identified, the price is going to break out soon. An ascending channel can be thought of as a technical bearish chart signal that is used to spot the bulls have run out of steam in case if price breaks down. It is possible that a bearish continuation to 170 will happen on a breakout of the ascending channel as LTC/USD probes 175 hurdle.

Litecoin: Bullish Flag

LTC/USD, 1 hour    LONG Sep 3
It looks like a bullish flag has been distinguished, the price is ready to break out. A bullish flag describes a specific bullish price indicator that spots a next move up when price breaks above resistance. There is a possibility of a bullish run to 190 as LTC/USD probes 187.5 hurdle.

Litecoin: Descending Triangle

LTC/USD, 1 hour    LONG May 3
There is a descending triangle encountered and the price is ready to break out. When price breaks out, the resulting move could predict that the price to go long. A bullish push up to 274 is about to happen as the cryptocurrency becomes supported.

Litecoin: Rising Wedge

LTC/USD, 1 hour    SHORT Jul 7
A rising wedge develops, LTC/USD demands a next strong move as a verification of a breakdown. A rising wedge signals reversals in uptrends when price breaks down. There is a possibility of a rangebound to the 136 zone while below 140.

Litecoin: Ascending Triangle

LTC/USD, 1 day    LONG Apr 11
LTC/USD shapes an ascending triangle and the price is breaking out. An ascending triangle represents a signal that typically signals a bullish price action once price breaks out. There is a chance of a bullish move to the 280 zone on a break above 250.

Litecoin: Ascending Channel

LTC/USD, 1 hour    SHORT Jun 21
An ascending channel is nearing completion. If price breakdown occurs, the resulting move could signal a change in the prevailing trend. LTC/USD to extend its setback to 144 on a breach of 146 as LTC/USD is at a brink of a bearish breakout.

Litecoin: Pennant

LTC/USD, 4 hours    SHORT Jun 18
It looks like a pennant has been noticed, LTC/USD asks for a strong move as a signal of a breakdown. In case if price collapses through the support line, the resulting move could predict the more likely potential of falling prices. A bearish push down towards 155 is likely.
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