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: 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: Ascending Channel
LTC/USD,
4 hours
SHORT
5 days ago
An ascending channel has been revealed, the price asks for a more bigger bearish impulse as a signal of a breakout.
An ascending channel provides a price indicator that typically spots a breakdown is likely to occur if price collapses through the support line.
LTC/USD set to lose more ground towards 91.
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: 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.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Jan 7
We can see that an ascending channel is close to being complete, the price is breaking out.
An ascending channel identifies a technical chart signal that often identifies a change in the prevailing trend if price collapses through the support line.
LTC/USD risks further downside towards 110 while below 112 as minor hurdle remains at 112.
Litecoin: Rectangle
LTC/USD,
4 hours
SHORT
Apr 10
It looks like a rectangle has been encountered, the price is breaking out.
A rectangle denotes a specific bearish chart formation that can be used to indicate that the price to go short if price breaks through the support.
It is possible that a bearish move to 94 will be made amid rising bets for the move.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Feb 20
An ascending channel is close to being completed and the price needs more strong push down as evidence of a breakdown.
An ascending channel suggests a price action formation that can be used to signal a move down if price collapses through the support line.
A further bearish push down towards 70.6 looks probable.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Nov 21
The price gives an ascending channel, LTC/USD demands a further steady move for clear breakdown confirmation.
An ascending channel suggests a technical price formation that has an upward slope that often identifies a temporary interruption during a rising market once price breaks down.
LTC/USD to plummet towards 68.5 on a breach of 69.1 as indicators favor bears.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
May 24
It looks like an ascending channel is close to completion.
If price breaks below support, the resulting move could predict a further move down.
LTC/USD to head towards 90.5.
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Litecoin · LTC/USD