A descending channel has been exposed, the price is about to break out soon.
A descending channel typically identifies reversals in downtrends if price breaks out to the the upside.
LTC/USD could attempt a move towards 72.5.
Litecoin: Ascending Channel
LTC/USD,
4 hours
SHORT
Dec 30
An ascending channel is revealed and LTC/USD requests a move as a sign of a breakdown.
An ascending channel identifies a compelling price pattern with an upward bias that can be used to indicate price heading to a new direction if price collapses through the support line.
LTC/USD to resume its downfall towards the 72 zone.
Litecoin: Descending Channel
LTC/USD,
1 hour
SHORT
Mar 14
We can see that LTC/USD composes a descending channel, the price breaks out now.
Once price breaks out to the the downside, the move could predict that the price to go short.
A bearish price action towards 94 is going to happen as gains remain capped.
Litecoin: Rectangle
LTC/USD,
1 hour
LONG
Feb 28
We can see that a rectangle is close to being finished, LTC/USD calls for an active bullish continuation for clear breakout confirmation.
A rectangle typically indicates that the price to go long when price breaks out.
LTC/USD points to the upside towards 77 while above 76.2.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Mar 11
A descending channel is exposed, the price requires a more steady bullish continuation as evidence of a breakout.
In case if price breaks above resistance, the resulting move could identify a bullish price action.
LTC/USD targets a move to 90 as the cryptocurrency becomes bullish.
Litecoin: Ascending Channel
LTC/USD,
4 hours
SHORT
Dec 7
We can see that an ascending channel is nearing completion.
An ascending channel spots that the price to go short once price breaks out to the the downside.
Decline to 70 looks likely.
Litecoin: Falling Wedge
LTC/USD,
1 hour
LONG
Feb 23
There is a falling wedge forming.
A falling wedge is said to depict a reliable signal that can be used to identify a bullish price action once price breaks out to the the upside.
A further bullish price action towards 68.5 stays on the cards on a breakout of the falling wedge.
Litecoin: Rectangle
LTC/USD,
4 hours
SHORT
May 6
There is a rectangle diagnosed, the price calls for a next correction as a signal of a breakout.
A rectangle often results in a next move down in case if price breaks through the support.
LTC/USD points to the downside towards the 85 mark.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Apr 30
An ascending channel takes place, the price is close to breaking out soon.
An ascending channel often spots a bearish price action when price breaks out to the the downside.
It is not ruled out that a rangebound towards 90 will be made on a breach of 90.5.
Litecoin: Rectangle
LTC/USD,
4 hours
LONG
Nov 2
There is a rectangle detected.
A rectangle identifies a specific signal that often spots a bullish price action once price breaks out to the the upside.
A bullish continuation towards 71 is likely.
Litecoin: Rectangle
LTC/USD,
1 hour
SHORT
Feb 15
A rectangle occurs.
A rectangle typically spots an extension in the downward direction once price breaks through the support.
There is a chance of a further rangebound to 68.5.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Sep 6
A descending channel emerges.
A descending channel often identifies a pause in a downtrending market in case if price breaks out.
LTC/USD hints a change to the upside to the 63.4 zone as LTC/USD nears 63.3 hurdle.
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Litecoin · LTC/USD