There is an ascending channel noticed.
If price breaks below support, the move could indicate a trend change to the downside.
Ltcusd to turn bearish towards 85 as the cryptocurrency is at a brink of a bearish breakout.
Litecoin: Ascending Channel
LTC/USD,
4 hours
SHORT
Jun 30
There is an ascending channel distinguished and the price requests a move to confirm ascending channel breakout.
In case if price breaks through the support, the move could indicate a break in the price direction.
LTC/USD set to lose more ground to 84 once below 85.5.
Litecoin: Bearish Flag
LTC/USD,
4 hours
SHORT
May 6
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: Descending Channel
LTC/USD,
1 day
LONG
Oct 2
We can see that a descending channel forms and ltcusd requests a strong move as a clue of a breakout.
A descending channel indicates a bullish price action once price breaks above resistance.
A move towards 120 is about to happen amid rising bets for the move.
Litecoin: Descending Triangle
LTC/USD,
1 hour
LONG
Sep 30
There is a descending triangle spotted, ltcusd expects a bullish move as a clue of a breakout.
A descending triangle often identifies an extension in the upward direction in case if price breaks out to the the upside.
Ltcusd to push up to the 107 zone once beyond 106.6.
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: Rising Wedge
LTC/USD,
1 hour
SHORT
Sep 21
It seems like a rising wedge is noticed, ltcusd calls for a more move as an information of a breakout.
A rising wedge often indicates an extension in the downward direction in case if price collapses through the support line.
It is possible that extra downside to the 114.5 level will form on impulse below 114.8.
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: 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.
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Litecoin · LTC/USD