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Litecoin · LTC/USD

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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: Bullish Flag

LTC/USD, 1 hour    LONG Jun 27
There is a bullish flag detected, LTC/USD wants a bit more consolidation as an indication of a breakout. When price breaks out to the the upside, the resulting move could indicate a change in the prevailing trend. A further bullish move to 85.5 is going to happen on a breach of 85.3 as extra rangebound not ruled out.

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.

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: Descending Triangle

LTC/USD, 4 hours    LONG Feb 9
The price completes a descending triangle, the price needs a next active move to confirm descending triangle breakout. If price breaks out to the the upside, the move could predict that prices are likely to keep rallying upward. A bullish run to 106 about to be made.

Litecoin: Descending Triangle

LTC/USD, 4 hours    LONG Oct 8
It seems like ltcusd establishes a descending triangle, the price is ready to break out now. A descending triangle spots a bullish price action when price breaks through the resistance. Ltcusd hints a change to the upside towards 118.

Litecoin: Rectangle

LTC/USD, 1 day    LONG Jul 16

Litecoin: Bullish Rectangle

LTC/USD, 1 hour    LONG Nov 23
A bullish rectangle occurs, the price is ready to break out now. A bullish rectangle tends to be a technical signal that can be used to indicate that the price to go long in case if price breaks above resistance. LTC/USD to look for a further push to 93.

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.
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