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Litecoin · LTC/USD

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Litecoin: Ascending Channel

LTC/USD, 4 hours    SHORT 5 days ago
We can see that an ascending channel emerges and the price breaks out now. If price breaks out to the the downside, the move could indicate reversals in uptrends. LTC/USD risks a correction towards the 155 zone on a breakout of the ascending channel as indicators turn bearish.

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: Pennant

LTC/USD, 4 hours    SHORT 4 days ago
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.

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: 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 2 days ago
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: Bearish Flag

LTC/USD, 1 hour    SHORT May 12
There is a bearish flag materializing, the price breaks out. A bearish flag identifies a bearish price signal that is used to identify a bearish move once price breaks out to the the downside. There is a probability of a bearish move towards the 360 zone.

Litecoin: Ascending Channel

LTC/USD, 1 hour    SHORT Jun 7
It looks like an ascending channel forms and the price breaks out soon. An ascending channel often indicates an extension in the downward direction when price breaks out. LTC/USD set to lose more ground to 172.

Litecoin: Falling Wedge

LTC/USD, 1 day    LONG Apr 6
A falling wedge is distinguished, the price requests a further strong bullish move as a verification of a breakout. A falling wedge provides a specific bullish signal that typically indicates the more likely potential of rising prices if price breaks out. LTC/USD to extend its advance to 230 on a upside break.

Litecoin: Ascending Channel

LTC/USD, 1 hour    SHORT May 16
An ascending channel is close to being done, the price breaks out soon. An ascending channel results in a move down when price breaks through the support. LTC/USD is at risk of extending its slump to the 295 mark.

Litecoin: Descending Triangle

LTC/USD, 1 hour    LONG Jun 13
It seems like a descending triangle is diagnosed, LTC/USD wants a further active move to confirm descending triangle breakout. A descending triangle often identifies a move up if price breaks out. LTC/USD to look for a further push to the 166 level on a breakout of the descending triangle.
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