Open:
High:
Low:
Close:
ASCENDING TRIANGLE
Litecoin
LTC/USD
1D
An ascending triangle materializes, the price is ready to break out.
An ascending triangle is a reliable bearish price signal that often spots a next move down when price breaks out.
Ltcusd accelerates losses to 43.
DESCENDING CHANNEL
Litecoin
LTC/USD
1H
A descending channel takes place and ltcusd asks for a move as an indication of a breakout.
A descending channel suggests a specific bullish chart signal that identifies a bullish move once price breaks through the resistance.
A rangebound to 44 looks possible.
DESCENDING CHANNEL
Litecoin
LTC/USD
1H
The price shows a descending channel.
A descending channel signals a trend change to the upside when price breaks through the resistance.
There is a possibility of a move towards the 43.5 level.
RECTANGLE
Litecoin
LTC/USD
1H
A rectangle is close to being finished and the price is breaking out.
A rectangle describes a compelling bearish price signal that spots a bearish price move if price breakdown occurs.
Ltcusd could recede to 44.2 as ltcusd becomes depressed.
RISING WEDGE
Litecoin
LTC/USD
4H
There is a rising wedge occuring, ltcusd requests a further active move to confirm rising wedge breakout.
When price breaks down, the move could indicate a move down.
Ltcusd to extend its slide to 44 on a breach of 44.5.
RISING WEDGE
Litecoin
LTC/USD
1H
There is a rising wedge observed.
A rising wedge is said to depict a price action indicator that can be used to spot a move down once price collapses through the support line.
Ltcusd risks further decline to 45 on a breakout of the rising wedge.
ASCENDING TRIANGLE
Litecoin
LTC/USD
4H
An ascending triangle is almost finished.
An ascending triangle suggests a formation that predicts extending an uptrend once price breaks out to the the upside.
Ltcusd tests a move towards the 45.5 zone once beyond 45.3 as uptrend may continue.
RISING WEDGE
Litecoin
LTC/USD
1H
There is a rising wedge poping up and the price breaks out.
A rising wedge is said to depict a reliable price action signal that can be used to indicate an extension in the downward direction in case if price breakdown occurs.
It is likely that further decline to 44.6 will form.
BULLISH FLAG
Litecoin
LTC/USD
4H
It looks like ltcusd forms a bullish flag, the price is ready to break out.
Once price breaks through the resistance, the move could spot a bullish price move.
Ltcusd to grind higher towards the 45 level on impulse above 44.8 as there is a chance for a upside correction.
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