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Litecoin · LTC/USD

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Litecoin: Symmetrical Triangle

LTC/USD, 1 hour    LONG 16 hours ago
There is a symmetrical triangle spotted. A symmetrical triangle denotes a useful chart indicator that is used to identify the more likely potential of rising prices if price breaks through the resistance. A bullish push up towards the 115 level is on the cards on a breakout of the symmetrical triangle.

Litecoin: Rising Wedge

LTC/USD, 4 hours    SHORT 4 days ago
We can see that LTC/USD composes a rising wedge and the price is ready to break out now. Once price collapses through the support line, the resulting move could predict a change in the prevailing trend. LTC/USD to head towards 135 on a breakout of the rising wedge.

Litecoin: Ascending Channel

LTC/USD, 4 hours    SHORT 5 days ago
The price sets up an ascending channel and the price is breaking out. If price breaks down, the resulting move could identify a bearish price action. It is likely that corrective downside towards the 145 level will be made as there is room for a downside correction.

Litecoin: Falling Wedge

LTC/USD, 1 day    LONG Jan 2
There is a falling wedge found, the price needs a bit more consolidation for the certainty of breakout. A falling wedge denotes a reliable price signal that can be used to identify that the price to go up in case if price breaks out to the the upside. It is not ruled out that a bullish move towards 160 will occur on a breach of 150.

Litecoin: Rising Wedge

LTC/USD, 1 hour    SHORT 3 days ago
LTC/USD gives a rising wedge and the price is ready to break out soon. A rising wedge often results in a pause in an uptrending market in case if price breaks below support. A further bearish run to 137 stays on the cards.

Litecoin: Bearish Rectangle

LTC/USD, 1 hour    SHORT Dec 3
A bearish rectangle happens, LTC/USD asks for a next steady move as a clue of a breakout. A bearish rectangle typically indicates a bearish price action once price breaks through the support. LTC/USD risks potential downside towards the 198 level on a breakdown of the bearish rectangle amid rising bets for the move.

Litecoin: Bullish Flag

LTC/USD, 4 hours    LONG Nov 8
There is a bullish flag poping up and the price is breaking out. A bullish flag identifies a tendency to break in the opposite direction once price breaks out to the the upside. LTC/USD aims to complete a retracement to 205 on a breakout of the bullish flag.

Litecoin: Descending Channel

LTC/USD, 4 hours    LONG Nov 8
It looks like a descending channel is almost done, LTC/USD demands a further steady move as a clue of a breakout. A descending channel provides a bullish chart pattern that has a downward slope that can be used to spot that prices are likely to keep rallying upward if price breaks out. A bullish price action towards 210 is about to happen as LTC/USD becomes bullish.

Litecoin: Ascending Channel

LTC/USD, 1 hour    SHORT 3 days ago
There is an ascending channel taking place, the price lacks a next steady move as an indication of a breakout. An ascending channel often identifies a further move down in case if price breakdown occurs. LTC/USD set to fall towards 136 while lower than 138 as LTC/USD becomes under pressure.

Litecoin: Rising Wedge

LTC/USD, 4 hours    SHORT Jan 4
There is a rising wedge revealed, the price is ready to break out. A rising wedge suggests a specific price action signal that is used to spot that the price to go down once price breaks out. There is a chance of a bearish continuation towards the 146 zone as LTC/USD becomes bearish.

Litecoin: Ascending Channel

LTC/USD, 4 hours    SHORT Jan 16
An ascending channel has been encountered and the price demands a more move for clear breakdown confirmation. An ascending channel suggests a bearish indicator that spots an extension in the downward direction once price breaks down. LTC/USD turns lower to 140.

Litecoin: Ascending Channel

LTC/USD, 1 hour    SHORT 5 days ago
An ascending channel forms, the price asks for a more active move as an indication of a breakout. An ascending channel depicts a specific price pattern that is used to predict a next move down once price breakdown occurs. A further bearish move to the 144 level about to be made while below 146 as door open for the continuation of the downtrend.
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