There is a rectangle materializing, the price is close to breaking out.
When price breaks out to the the upside, the move could identify that the price to go long.
LTC/USD embarks on a bullish correction towards 91.5 on a upside break as the mood may improve.
Litecoin: Symmetrical Triangle
LTC/USD,
1 hour
SHORT
Mar 28
A symmetrical triangle has been determined and the price is about to break out.
A symmetrical triangle typically predicts prices are likely to keep falling downward when price breaks out to the the downside.
LTC/USD to extend the fall to 94 as gains remain capped.
Litecoin: Descending Triangle
LTC/USD,
1 hour
LONG
Jan 25
There is a descending triangle diagnosed and LTC/USD asks for next active rise to confirm a breakout.
A descending triangle often identifies a further move up in case if price breaks out.
A rangebound towards the 66 zone looks probable as downside pressure alleviates.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
May 6
It seems like an ascending channel is close to being completed, the price is breaking out.
An ascending channel suggests a compelling bearish formation with an upward bias that often signals prices are likely to keep falling downward when price breakdown occurs.
There is a chance of a bearish run towards 86 as LTC/USD loses bullish momentum.
Litecoin: Descending Channel
LTC/USD,
4 hours
LONG
Sep 29
A descending channel has been determined, LTC/USD requests a next active move as a signal of a breakout.
If price breaks above resistance, the resulting move could identify that prices are likely to keep rallying upward.
A bullish run towards 66 is on the cards.
Litecoin: Descending Triangle
LTC/USD,
1 hour
SHORT
Jun 28
There is a descending triangle spotted.
When price breaks out, the resulting move could indicate an extension in the downward direction.
There is a chance of a bearish run to the 86.5 mark on a break below 86.7 as LTC/USD becomes depressed.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Feb 23
There is an ascending channel developing.
An ascending channel indicates a next move down in case if price breaks below support.
LTC/USD could attempt a move towards 68.5 on a breakout of the ascending channel.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Aug 20
A descending channel is almost finished.
A descending channel is considered to be a reliable bullish price action pattern that can be used to indicate a temporary interruption during a falling market when price breaks out.
LTC/USD to recover bullish potential towards the 65 mark on a breakout of the descending channel as there is room for a upside correction.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
May 14
A descending channel is found and the price requires a more bigger bullish move to confirm a breakout.
A descending channel represents a bullish price indicator that is used to signal a change in the prevailing trend once price breaks out to the the upside.
A bullish run towards the 81 mark is probable on a upside break.
Litecoin: Ascending Triangle
LTC/USD,
1 hour
LONG
Jun 23
It seems like an ascending triangle is identified.
An ascending triangle is a useful bullish signal that typically results in a bullish move if price breaks out.
LTC/USD to jump to 88 on a break above 87.
Litecoin: Bullish Flag
LTC/USD,
1 hour
LONG
Mar 22
We can see that LTC/USD establishes a bullish flag and LTC/USD requires a steady impulse up to confirm a breakout.
A bullish flag signals a next move up once price breaks out.
LTC/USD to strengthen towards 83 on a breakout of the bullish flag.
Litecoin: Bearish Flag
LTC/USD,
1 hour
SHORT
May 8
There is a bearish flag revealed and the price requests strong push down to confirm a breakout.
A bearish flag depicts a technical bearish price formation that has an upward slope that often indicates a bearish move in case if price breaks down.
There is a chance of a move to the 83 level.
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Litecoin · LTC/USD