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Litecoin · LTC/USD

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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.

Litecoin: Descending Channel

LTC/USD, 1 hour    LONG Dec 22
There is a descending channel taking place, the price is breaking out. In case if price breaks out to the the upside, the move could predict the bears have run out of steam. LTC/USD to accomodate towards the 71.5 zone as the mood may improve.

Litecoin: Bullish Flag

LTC/USD, 4 hours    LONG Jun 30
LTC/USD gives a bullish flag. If price breaks above resistance, the resulting move could spot a downward trend is nearing its end. LTC/USD aims to complete a retracement to the 88 level.

Litecoin: Falling Wedge

LTC/USD, 1 hour    LONG Nov 30
There is a falling wedge spotted, LTC/USD requires a bullish impulse for the certainty of breakout. A falling wedge predicts the bears have run out of steam when price breaks above resistance. LTC/USD tests a move towards the 69.6 zone on a breach of 69.4.

Litecoin: Ascending Channel

LTC/USD, 1 hour    SHORT Apr 19
The price establishes an ascending channel and the price asks for a more move as a signal of a breakdown. If price breaks through the support, the move could spot that the price to go down. LTC/USD to continue lower towards the 100 level.

Litecoin: Ascending Channel

LTC/USD, 1 hour    SHORT Jul 16
An ascending channel materializes, the price is about to break out now. An ascending channel typically identifies a sharp decline if price breaks out. It is likely that a further move towards 94 will occur as outlook for LTC/USD stays negative.

Litecoin: Bearish Flag

LTC/USD, 4 hours    SHORT May 6
A bearish flag comes out, the price is going to break out soon. A bearish flag often indicates a bullish-to-bearish trend reversal when price breaks through the support. LTC/USD set to accelerate its decline to 86.

Litecoin: Descending Triangle

LTC/USD, 1 hour    LONG Oct 15
It seems like a descending triangle is close to completion and the price requires a next strong impulse up as an information of a breakout. A descending triangle provides a bullish price signal that is used to identify the bears have run out of steam in case if price breaks through the resistance. It is likely that a bullish push up towards 61.6 will take place.

Litecoin: Ascending Triangle

LTC/USD, 1 hour    SHORT Oct 9
An ascending triangle is close to being completed. An ascending triangle can be thought of as a specific price action signal that is used to spot a bearish price move if price collapses through the support line. LTC/USD hints a change to the downside towards 65.

Litecoin: Descending Channel

LTC/USD, 1 hour    LONG Aug 20
As we can see a descending channel is close to being complete, LTC/USD demands an active bullish action as an information of a breakout. A descending channel predicts a next move up when price breaks above resistance. It is likely that a bullish push up towards the 65.5 zone will form as downside pressure alleviates.

Litecoin: Ascending Channel

LTC/USD, 1 hour    SHORT Oct 31
There is an ascending channel coming out and the price requests a strong move as a verification of a breakdown. An ascending channel is believed to be a compelling signal that typically spots a breakdown is likely to occur once price breaks down. LTC/USD set to extend its decline towards 68 while lower than 68.6 as bears seeking a new low.

Litecoin: Pennant

LTC/USD, 1 day    LONG Feb 8
A pennant is close to completion, LTC/USD lacks an impulse up to confirm a breakout. In case if price breaks through the resistance, the resulting move could signal the more likely potential of rising prices. LTC/USD to grind higher to 75 as bulls looking for profit.
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