Open:
High:
Low:
Close:
RECTANGLE
Litecoin
LTC/USD
1H
We can see that a rectangle is very close to being finished.
A rectangle is considered to be a pattern that identifies a bullish price move once price breaks through the resistance.
A rangebound to the 70 level stays on the cards as uptrend may continue.
DESCENDING CHANNEL
Litecoin
LTC/USD
1H
There is a descending channel discovered, the price is going to break out now.
If price breaks out to the the upside, the resulting move could signal a bullish price move.
A bullish price action to the 70 level is likely to happen on a breakout of the descending channel.
RECTANGLE
Litecoin
LTC/USD
1H
There is a rectangle emerging and the price is going to break out now.
A rectangle depicts a useful bearish signal that spots a further move down if price breaks down.
Ltcusd to nosedive towards 66 on a breach of 66.8.
DESCENDING CHANNEL
Litecoin
LTC/USD
1H
Ltcusd composes a descending channel.
In case if price breaks through the resistance, the resulting move could indicate that the price to go long.
A bullish run towards 70 is likely.
DESCENDING CHANNEL
Litecoin
LTC/USD
1H
There is a descending channel happening.
A descending channel is believed to be an indicator that can be used to identify that prices are likely to keep rallying upward when price breaks out.
There is a possibility of a bullish continuation to the 70 level.
BEARISH RECTANGLE
Litecoin
LTC/USD
1H
A bearish rectangle turns up.
A bearish rectangle provides a reliable bearish chart formation that is used to signal a bearish price action once price breaks through the support.
Ltcusd pulls away from recent highs to the 69 level amid rising bets for the move.
ASCENDING CHANNEL
Litecoin
LTC/USD
1H
There is an ascending channel poping up and ltcusd calls for a more move as a verification of a breakout.
An ascending channel describes a technical signal that results in an extension in the downward direction once price breakdown occurs.
Ltcusd tests a move towards 74.5 on a break below 74.7 as minor hurdle remains at 74.7.
ASCENDING CHANNEL
Litecoin
LTC/USD
1H
An ascending channel is close to being completed, the price is about to break out.
An ascending channel describes a specific formation that often indicates an extension in the downward direction in case if price collapses through the support line.
Ltcusd to head towards 75 as outlook for the cryptocurrency stays negative.
BULLISH FLAG
Litecoin
LTC/USD
1H
A bullish flag has been detected and the price lacks a next move as a sign of a breakout.
A bullish flag tends to be a reliable bullish pattern that is used to signal a break during a downtrending market when price breaks above resistance.
Ltcusd to increase bullish potential towards the 75.5 level.
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