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Litecoin · LTC/USD

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Litecoin: Rising Wedge

LTC/USD, 1 hour    SHORT 7 hours ago
There is a rising wedge forming, LTC/USD expects a more bigger move to confirm a breakout. When price collapses through the support line, the move could indicate a bearish price action. LTC/USD looks south towards the 51.5 level.

Litecoin: Descending Channel

LTC/USD, 4 hours    LONG 43 hours ago
There is a descending channel occuring. A descending channel can be thought of as a technical bullish price signal that typically results in a downward trend is about to reverse into an upnward trend in case if price breaks out. LTC/USD violates bearish trendline towards 52 on a breach of 51.

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: Descending Channel

LTC/USD, 4 hours    LONG 27 hours ago
A descending channel is almost done. A descending channel typically predicts a sharp rise once price breaks above resistance. LTC/USD to grind higher to the 52 mark on a breach of 51.5.

Litecoin: Rising Wedge

LTC/USD, 1 hour    SHORT Jan 20
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: Descending Triangle

LTC/USD, 1 day    SHORT Apr 27
It looks like LTC/USD completes a descending triangle and the price is breaking out. A descending triangle suggests a signal that often spots that the price to go short if price breakdown occurs. LTC/USD hints a change to the downside towards the 90 mark amid rising bets for the move.

Litecoin: Ascending Channel

LTC/USD, 4 hours    SHORT Jun 27
An ascending channel emerges and the price is breaking out. An ascending channel represents a technical signal that typically identifies an extension in the downward direction when price breaks out to the the downside. A bearish move to 56 is possible while lower than 57 amid LTC/USD recedes from recent highs.

Litecoin: Ascending Channel

LTC/USD, 4 hours    SHORT Jun 27
As we can see the price develops an ascending channel and the price is close to breaking out. An ascending channel predicts that the price to go short when price breakdown occurs. There is a probability of decline towards 54 on a breakout of the ascending channel as upside pressure alleviates.

Litecoin: Descending Channel

LTC/USD, 1 hour    LONG 2 days ago
A descending channel has been diagnosed and the price wants further bigger push up as a signal of a breakout. A descending channel represents a useful bullish indicator that is used to spot a temporary interruption during a falling market if price breaks above resistance. LTC/USD to accomodate to the 50.5 level.

Litecoin: Ascending Channel

LTC/USD, 1 hour    SHORT Jan 18
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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