There is a descending channel detected.
A descending channel typically spots the bears have run out of steam in case if price breaks out.
There is a chance of a move towards 78.5 as door open for a test of 78.5.
Litecoin: Symmetrical Triangle
LTC/USD,
1 hour
SHORT
Jun 4
There is a symmetrical triangle found, the price demands pullback to confirm a breakout.
A symmetrical triangle can be thought of as a compelling signal that is used to spot a sharp decline once price breakdown occurs.
LTC/USD risks extra downside towards 95.
Litecoin: Bullish Flag
LTC/USD,
1 hour
LONG
Jun 28
There is a bullish flag developing, LTC/USD wants a steady move as a verification of a breakout.
A bullish flag provides a bullish price formation that can be used to predict a bullish move if price breaks above resistance.
LTC/USD to strengthen towards 85.5 on a upside break.
Litecoin: Ascending Triangle
LTC/USD,
1 hour
SHORT
4 days ago
It looks like an ascending triangle arises.
An ascending triangle often results in a bearish move when price breakdown occurs.
Ltcusd risks further decline towards 83.8 as minor hurdle remains at 83.9.
Litecoin: Ascending Channel
LTC/USD,
1 day
SHORT
Nov 21
We can see that the price shapes an ascending channel.
An ascending channel identifies a signal that can be used to indicate an extension in the downward direction in case if price collapses through the support line.
Ltcusd set to accelerate its decline towards 85 on a breakout of the ascending channel.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Jun 10
There is an ascending channel encountered, the price is close to breaking out soon.
An ascending channel denotes a specific bearish indicator that can be used to spot a break in the price direction once price breaks out to the the downside.
LTC/USD accelerates losses to 88 as weakness continues.
Litecoin: Rectangle
LTC/USD,
1 hour
LONG
2 days ago
There is a rectangle revealed and ltcusd demands a next steady move as an information of a breakout.
In case if price breaks out to the the upside, the move could signal the bears have run out of steam.
Ltcusd targets a move towards the 78.5 zone on impulse above 78.2.
Litecoin: Rectangle
LTC/USD,
1 hour
SHORT
Aug 4
There is a rectangle materializing.
A rectangle identifies a compelling bearish pattern that can be used to indicate the more likely potential of falling prices when price breaks down.
LTC/USD set to extend its decline towards the 62 mark on a breach of 62.6.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Jan 2
It looks like an ascending channel is revealed and LTC/USD requires next active fall as a clue of a breakdown.
An ascending channel represents a useful bearish price action formation with an upward bias that is used to predict price heading to a new direction in case if price breakdown occurs.
LTC/USD risks further downside towards 72 once below 73.2 as LTC/USD probes 73.2 hurdle.
Litecoin: Rectangle
LTC/USD,
1 hour
SHORT
15 hours ago
As we can see ltcusd shapes a rectangle, ltcusd expects a next active move for clear breakdown confirmation.
A rectangle tends to be a useful bearish signal that often indicates the bulls have run out of steam once price breakdown occurs.
There is a chance of a further bearish move to 83.5 as the cryptocurrency keeps the bid tone.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Jun 29
There is a descending channel occuring.
A descending channel is considered to be a bullish price signal that can be used to spot that prices are likely to keep rallying upward in case if price breaks out.
LTC/USD to look for a further push towards 86 as the cryptocurrency sticks to the positive mood.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Jul 3
As we can see an ascending channel appears and the price requests a next steady move as a verification of a breakout.
An ascending channel can be thought of as a useful signal that is used to spot a break in the price direction in case if price breaks out.
LTC/USD tests a move to the 74.5 mark on a breach of 75.
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Litecoin · LTC/USD