As we can see a descending channel is close to being completed.
A descending channel results in a sharp rise if price breaks above resistance.
There is a possibility of a move to 84.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Dec 26
It seems like an ascending channel is very close to being completed and the price breaks out now.
An ascending channel depicts a pattern that has an upward slope that identifies prices are likely to keep falling downward when price breaks below support.
LTC/USD pulls away from recent highs towards the 107 zone on a breakdown of the ascending channel.
Litecoin: Ascending Channel
LTC/USD,
4 hours
SHORT
Mar 28
An ascending channel has been revealed, the price asks for a more bigger bearish impulse as a signal of a breakout.
An ascending channel provides a price indicator that typically spots a breakdown is likely to occur if price collapses through the support line.
LTC/USD set to lose more ground towards 91.
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: Descending Channel
LTC/USD,
4 hours
LONG
May 17
We can see that the price establishes a descending channel.
A descending channel often indicates a bullish move if price breaks out to the the upside.
It is not ruled out that a further bullish move towards 84 will form on a breach of 83.
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: Bearish Rectangle
LTC/USD,
1 hour
SHORT
Oct 9
It seems like a bearish rectangle is close to completion and the price is about to break out.
Once price breaks below support, the move could signal that the price to go short.
LTC/USD pulls back to 64 once below 64.6 as the cryptocurrency becomes bearish.
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: Descending Triangle
LTC/USD,
1 hour
LONG
Jun 27
A descending triangle is close to being complete, LTC/USD needs a bullish impulse as a signal of a breakout.
If price breaks out, the move could signal a break in the price direction.
A bullish continuation to the 71.2 level is probable.
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.
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Litecoin · LTC/USD