A descending channel has been determined, LTC/USD requests a next active move as a signal of a breakout.
If price breaks above resistance, the resulting move could identify that prices are likely to keep rallying upward.
A bullish run towards 66 is on the cards.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Feb 23
There is an ascending channel developing.
An ascending channel indicates a next move down in case if price breaks below support.
LTC/USD could attempt a move towards 68.5 on a breakout of the ascending channel.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Jul 21
It looks like an ascending channel is recognized.
An ascending channel suggests a compelling pattern with an upward bias that is used to predict a move down in case if price breaks below support.
A further bearish continuation towards 72.6 is probable on a breach of 72.7 as LTC/USD is at a brink of a bearish breakout.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Aug 20
A descending channel is almost finished.
A descending channel is considered to be a reliable bullish price action pattern that can be used to indicate a temporary interruption during a falling market when price breaks out.
LTC/USD to recover bullish potential towards the 65 mark on a breakout of the descending channel as there is room for a upside correction.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
May 15
There is a descending channel turning up.
A descending channel depicts a bullish formation that is angled down that often identifies a further move up once price breaks above resistance.
There is a probability of a rangebound to 80 while above 79.2 as LTC/USD resumes the upside.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
May 27
There is a descending channel arising, the price expects a more active bullish action to confirm descending channel breakout.
A descending channel often predicts the more likely potential of rising prices if price breaks through the resistance.
LTC/USD to push up to the 85 mark as LTC/USD challenges 84.4 hurdle.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
May 14
A descending channel is found and the price requires a more bigger bullish move to confirm a breakout.
A descending channel represents a bullish price indicator that is used to signal a change in the prevailing trend once price breaks out to the the upside.
A bullish run towards the 81 mark is probable on a upside break.
Litecoin: Ascending Triangle
LTC/USD,
1 hour
LONG
Jun 23
It seems like an ascending triangle is identified.
An ascending triangle is a useful bullish signal that typically results in a bullish move if price breaks out.
LTC/USD to jump to 88 on a break above 87.
Litecoin: Bearish Flag
LTC/USD,
1 day
SHORT
Jun 8
As we can see a bearish flag is close to being complete, the price breaks out.
A bearish flag is a specific price formation that is used to identify that the price to go down when price breaks out.
A bearish continuation to 82 looks possible on a breach of 83.
Litecoin: Pennant
LTC/USD,
1 hour
SHORT
May 12
A pennant comes out.
A pennant provides a technical bearish chart signal that can be used to indicate that the price to go down in case if price breaks out to the the downside.
There is a probability of extra downside towards 81 as extra rangebound not ruled out.
Litecoin: Bullish Flag
LTC/USD,
1 hour
LONG
Mar 22
We can see that LTC/USD establishes a bullish flag and LTC/USD requires a steady impulse up to confirm a breakout.
A bullish flag signals a next move up once price breaks out.
LTC/USD to strengthen towards 83 on a breakout of the bullish flag.
Litecoin: Bullish Flag
LTC/USD,
1 hour
LONG
Nov 29
A bullish flag is diagnosed.
Once price breaks through the resistance, the move could identify the more likely potential of rising prices.
There is a possibility of a bullish continuation towards 97.
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Litecoin · LTC/USD