A descending triangle is almost finished, the price is close to breaking out now.
A descending triangle is considered to be a signal that typically signals an extension in the downward direction once price breaks through the support.
It is likely that extra downside to the 84 level will be made while below 86.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Jan 22
There is an ascending channel discovered, the price is close to breaking out.
In case if price collapses through the support line, the resulting move could spot that the price to go short.
LTC/USD challenges a move to the 71 mark.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Oct 7
An ascending channel is close to being done and the price calls for a next strong move to confirm a breakout.
An ascending channel depicts a reliable indicator that spots a next move down if price breakdown occurs.
It is not ruled out that a move to 67 will occur on a breach of 67.4.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Sep 9
There is a descending channel exposed.
A descending channel is said to depict a reliable formation that is used to spot that the price to go up if price breaks out to the the upside.
LTC/USD challenges a move to 61.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Feb 19
There is an ascending channel arising and the price is ready to break out soon.
An ascending channel is considered to be a chart pattern with an upward bias that often predicts that the price to go short in case if price breaks below support.
A rangebound towards the 70.4 level about to be made as downtrend may continue.
Litecoin: Pennant
LTC/USD,
1 hour
SHORT
Dec 12
It seems like a pennant is noticed and LTC/USD expects a further move as a sign of a breakout.
If price breakdown occurs, the move could predict prices are likely to keep falling downward.
A bearish continuation to the 72 mark is likely to happen as the cryptocurrency loses bullish momentum.
Litecoin: Descending Channel
LTC/USD,
4 hours
LONG
Sep 28
There is a descending channel detected.
If price breaks out, the resulting move could indicate the bears have run out of steam.
It is not ruled out that a bullish push up towards the 65.5 mark will form.
Litecoin: Rectangle
LTC/USD,
4 hours
LONG
Jan 10
It looks like a rectangle has been discovered and the price is close to breaking out now.
In case if price breaks out to the the upside, the move could signal that the price will rally further.
LTC/USD to have better chances of advancing towards the 70 level.
Litecoin: Descending Triangle
LTC/USD,
1 hour
LONG
Feb 26
There is a descending triangle happening, the price is ready to break out.
A descending triangle often predicts a bullish move when price breaks through the resistance.
LTC/USD tests a move towards 70.4 on a break above 70.25.
Litecoin: Descending Channel
LTC/USD,
4 hours
LONG
Apr 11
We can see that a descending channel appears, the price demands next push up to confirm a breakout.
If price breaks out, the move could identify a break during a downtrending market.
LTC/USD points to the upside towards the 94 level.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Mar 18
There is a descending channel poping up, LTC/USD wants more push up to confirm descending channel breakout.
A descending channel typically indicates a move up once price breaks through the resistance.
A bullish move towards 88 is on the way as indicators turn bullish.
Litecoin: Ascending Channel
LTC/USD,
4 hours
SHORT
Jul 4
It looks like LTC/USD gives an ascending channel.
Once price breaks out, the move could identify a bearish price move.
LTC/USD risks a move towards 72 on a breach of 73.2.
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Litecoin · LTC/USD