Open:
High:
Low:
Close:
FALLING WEDGE
Litecoin
LTC/USD
4H
There is a falling wedge developing.
In case if price breaks through the resistance, the move could identify a bullish move.
Ltcusd to have better chances of advancing towards 47.
DESCENDING CHANNEL
Litecoin
LTC/USD
1H
The price forms a descending channel, the price breaks out soon.
A descending channel is said to depict a technical bullish price action formation that is angled down that often identifies a countertrend succeeding the current trend in case if price breaks out to the the upside.
A bullish continuation towards the 46.4 zone is on the way while above 46.25.
FALLING WEDGE
Litecoin
LTC/USD
1H
There is a falling wedge developing and the price lacks a move for clear breakout confirmation.
A falling wedge typically signals a change in price direction if price breaks above resistance.
Ltcusd to extend its advance towards 46.5.
FALLING WEDGE
Litecoin
LTC/USD
1H
A falling wedge is very close to being finished.
A falling wedge suggests a useful bullish price signal that typically indicates that prices are likely to keep rallying upward in case if price breaks through the resistance.
There is a chance of a move to 47 on a breakout of the falling wedge.
ASCENDING CHANNEL
Litecoin
LTC/USD
1H
There is an ascending channel coming out.
An ascending channel identifies the bulls have run out of steam if price breaks out to the the downside.
It is possible that corrective downside towards 46.2 will occur amid ltcusd recedes from recent highs.
FALLING WEDGE
Litecoin
LTC/USD
1H
Ltcusd gives a falling wedge, the price lacks a more move as evidence of a breakout.
A falling wedge denotes a specific bullish price pattern that often identifies extending an uptrend in case if price breaks out to the the upside.
Ltcusd to extend its rebound to 47.
ASCENDING TRIANGLE
Litecoin
LTC/USD
1H
There is an ascending triangle revealed, the price calls for more active pullback as an indication of a breakout.
An ascending triangle identifies a technical bearish price action signal that often identifies a sharp decline when price breaks down.
A bearish push down towards the 46.6 level looks possible on a breakout of the ascending triangle as extra rangebound not ruled out.
RISING WEDGE
Litecoin
LTC/USD
4H
It seems like a rising wedge develops, ltcusd requires a more move to confirm rising wedge breakdown.
A rising wedge depicts a technical bearish price action signal that can be used to spot that the price to go down once price breaks out to the the downside.
Ltcusd to push down to the 46.5 mark on a breach of 46.6 as ltcusd nears 46.6 hurdle.
BEARISH FLAG
Litecoin
LTC/USD
1H
The price sets up a bearish flag and the price breaks out.
A bearish flag often signals a bullish-to-bearish trend reversal if price breaks below support.
Corrective downside to 47 about to be made.
Disclaimer.
No Investment Advice Provided.
Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.
Patterns.cc will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Risk Disclosure.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.