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: Rectangle
LTC/USD,
1 hour
LONG
Jan 29
There is a rectangle forming and the price lacks next rise for clear breakout confirmation.
A rectangle typically predicts a move up in case if price breaks above resistance.
It is likely that a further rangebound to 116 will form on a breakout of the rectangle.
Litecoin: Pennant
LTC/USD,
1 day
LONG
Nov 10
As we can see the price composes a pennant, LTC/USD lacks a bigger move as a sign of a breakout.
A pennant indicates a move up if price breaks above resistance.
LTC/USD does not rule out a move towards 76.
Litecoin: Ascending Triangle
LTC/USD,
1 hour
LONG
Aug 30
There is an ascending triangle coming out, LTC/USD demands a more bigger move for clear breakout confirmation.
An ascending triangle indicates the more likely potential of rising prices when price breaks above resistance.
A bullish continuation towards 64 is possible on a breakout of the ascending triangle.
Litecoin: Ascending Triangle
LTC/USD,
1 hour
SHORT
5 days ago
There is an ascending triangle poping up.
An ascending triangle typically spots a sharp decline in case if price breaks through the support.
LTC/USD risks a correction towards 92 on a breakout of the ascending triangle.
Litecoin: Bullish Flag
LTC/USD,
1 hour
LONG
Jul 15
There is a bullish flag happening and LTC/USD wants a further steady move to confirm bullish flag breakout.
A bullish flag is considered to be a specific bullish price action indicator that predicts a further move up in case if price breaks out.
LTC/USD to move upward towards 70.4.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Jan 14
There is a descending channel appearing, the price is breaking out.
A descending channel can be thought of as a specific price action indicator that can be used to signal a breakout higher in case if price breaks out to the the upside.
LTC/USD looks north towards the 102 level once above 101.5.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Dec 13
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.
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Litecoin · LTC/USD