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Litecoin · LTC/USD

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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 Triangle

LTC/USD, 1 hour    LONG Apr 15
The price completes a descending triangle, the price is breaking out. Once price breaks above resistance, the resulting move could signal an extension in the upward direction. There is a possibility of a bullish run to 98.

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.

Litecoin: Descending Triangle

LTC/USD, 1 hour    LONG Feb 26
The price sets up a descending triangle, the price is breaking out. A descending triangle depicts a bullish indicator that typically indicates the more likely potential of rising prices once price breaks out. There is a chance of a move towards 70.4 as extra rangebound not ruled out.

Litecoin: Rectangle

LTC/USD, 4 hours    LONG Sep 27
We can see that a rectangle occurs, the price breaks out now. A rectangle tends to be a signal that can be used to identify a further move up in case if price breaks out to the the upside. LTC/USD looks north towards the 65.5 level.

Litecoin: Ascending Channel

LTC/USD, 1 hour    SHORT Feb 4
There is an ascending channel discovered, the price is about to break out. An ascending channel tends to be a pattern with an upward bias that typically signals reversals in uptrends once price breaks out. LTC/USD to continue lower towards the 68 zone while below 68.2.

Litecoin: Descending Channel

LTC/USD, 1 hour    LONG Dec 25
A descending channel is close to being done, LTC/USD wants a next active bullish action as a signal of a breakout. A descending channel can be thought of as a bullish indicator that typically signals a trend change to the upside in case if price breaks out to the the upside. It is possible that a rangebound towards 72.5 will occur on a breakout of the descending channel as there is a chance for a upside correction.

Litecoin: Symmetrical Triangle

LTC/USD, 1 hour    LONG Jan 10
A symmetrical triangle is nearing completion, the price requests a further bigger move as an information of a breakout. In case if price breaks above resistance, the move could indicate a next move up. LTC/USD to jump towards 68 on impulse above 67.6 as downside pressure seen easing.

Litecoin: Ascending Channel

LTC/USD, 1 hour    SHORT Nov 12
It seems like an ascending channel is determined. In case if price collapses through the support line, the resulting move could predict a tendency to break in the opposite direction. A bearish push down towards 74 is a possibility as upside pressure seen easing.

Litecoin: Ascending Triangle

LTC/USD, 4 hours    LONG Nov 9
There is an ascending triangle taking place. An ascending triangle is said to depict a technical pattern that signals the bears have run out of steam when price breaks out. A bullish run towards the 75 mark is on the cards.

Litecoin: Ascending Channel

LTC/USD, 1 hour    SHORT Jan 7
The price shapes an ascending channel. An ascending channel denotes a compelling price pattern that is used to predict that the price to go down if price breakdown occurs. LTC/USD points to the downside towards 65 as the mood may get worse.

Litecoin: Pennant

LTC/USD, 1 hour    LONG Jul 29
There is a pennant arising and the price needs a further move as an indication of a breakout. A pennant can be thought of as a specific bullish price formation that often spots a bullish price move in case if price breaks through the resistance. There is a possibility of a move towards the 91.4 level on impulse above 91.25.
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