Open:
High:
Low:
Close:
FALLING WEDGE
Litecoin
LTC/USD
1H
There is a falling wedge arising.
When price breaks out, the resulting move could indicate a tendency to break in the opposite direction.
It is possible that a move to 58.2 will form on impulse above 58.1.
ASCENDING CHANNEL
Litecoin
LTC/USD
1H
An ascending channel has been diagnosed and the price breaks out now.
An ascending channel denotes a signal that identifies the more likely potential of falling prices in case if price breaks through the support.
A bearish push down to 58 is a possibility on impulse below 58.6.
RECTANGLE
Litecoin
LTC/USD
1H
There is a rectangle revealed.
A rectangle provides a bullish indicator that is used to identify the more likely potential of rising prices in case if price breaks above resistance.
Ltcusd to head towards 57.6 on a breach of 57.4.
FALLING WEDGE
Litecoin
LTC/USD
1H
A falling wedge arises, ltcusd requires more rise as evidence of a breakout.
In case if price breaks above resistance, the move could predict that the price to go up.
Ltcusd to continue the appreciation trend to 57.5 on a breakout of the falling wedge as the cryptocurrency becomes bid.
RECTANGLE
Litecoin
LTC/USD
1D
It seems like the price composes a rectangle and ltcusd expects a steady move to confirm rectangle breakout.
When price breaks out, the move could identify a move up.
A move towards the 57 zone is probable on a breakout of the rectangle.
BEARISH FLAG
Litecoin
LTC/USD
1H
It looks like a bearish flag is close to being completed and the price requires next pullback as a verification of a breakdown.
A bearish flag provides a useful bearish pattern that is angled up that is used to signal a move down if price breakdown occurs.
There is a possibility of a move to the 56.5 level.
DESCENDING TRIANGLE
Litecoin
LTC/USD
1H
There is a descending triangle materializing, ltcusd wants a move for the certainty of breakout.
Once price breaks through the resistance, the resulting move could identify extending an uptrend.
Ltcusd to strengthen towards 56 as risk reversal sheds bearish bias.
DESCENDING CHANNEL
Litecoin
LTC/USD
4H
A descending channel is determined, ltcusd wants a bit more consolidation for the certainty of breakout.
A descending channel predicts an extension in the upward direction once price breaks above resistance.
Ltcusd violates bearish trendline to 56.5.
BEARISH FLAG
Litecoin
LTC/USD
4H
Ltcusd gives a bearish flag, ltcusd wants a next active move as a clue of a breakout.
A bearish flag is said to depict a reliable bearish price action formation that often spots a break in the price direction if price breaks out.
Ltcusd risks a move to the 54.5 level on a breakdown of the bearish flag.
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