It seems like a descending channel appears and the price needs an active bullish impulse as an indication of a breakout.
A descending channel tends to be a bullish price pattern that can be used to signal the more likely potential of rising prices in case if price breaks above resistance.
LTC/USD targets a move towards 87.5 on a breach of 87 as LTC/USD challenges 87 hurdle.
Litecoin: Ascending Triangle
LTC/USD,
1 hour
SHORT
Mar 28
There is an ascending triangle poping up.
An ascending triangle typically spots a sharp decline in case if price breaks through the support.
LTC/USD risks a correction towards 92 on a breakout of the ascending triangle.
Litecoin: Rising Wedge
LTC/USD,
1 hour
SHORT
Apr 29
A rising wedge occurs and LTC/USD demands a next strong move as a sign of a breakout.
A rising wedge identifies a bearish move in case if price breaks out.
LTC/USD to push down to 84 as the cryptocurrency becomes depressed.
Litecoin: Bullish Flag
LTC/USD,
1 hour
LONG
Jul 15
There is a bullish flag happening and LTC/USD wants a further steady move to confirm bullish flag breakout.
A bullish flag is considered to be a specific bullish price action indicator that predicts a further move up in case if price breaks out.
LTC/USD to move upward towards 70.4.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Jun 29
There is an ascending channel determined.
An ascending channel often indicates a next move down in case if price breaks through the support.
It is possible that a rangebound to the 86 mark will take place as minor hurdle remains at 86.5.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
May 1
There is a descending channel turning up.
A descending channel suggests a specific bullish chart pattern that signals a temporary interruption of an existing trend in case if price breaks above resistance.
LTC/USD now looks towards 85 while above 84.2 as indicators favor bulls.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Jan 14
There is a descending channel appearing, the price is breaking out.
A descending channel can be thought of as a specific price action indicator that can be used to signal a breakout higher in case if price breaks out to the the upside.
LTC/USD looks north towards the 102 level once above 101.5.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Dec 13
A descending channel has been exposed, the price is about to break out soon.
A descending channel typically identifies reversals in downtrends if price breaks out to the the upside.
LTC/USD could attempt a move towards 72.5.
Litecoin: Ascending Channel
LTC/USD,
4 hours
SHORT
Dec 30
An ascending channel is revealed and LTC/USD requests a move as a sign of a breakdown.
An ascending channel identifies a compelling price pattern with an upward bias that can be used to indicate price heading to a new direction if price collapses through the support line.
LTC/USD to resume its downfall towards the 72 zone.
Litecoin: Rectangle
LTC/USD,
1 hour
LONG
Dec 23
There is a rectangle appearing.
Once price breaks above resistance, the resulting move could predict the more likely potential of rising prices.
It is possible that a bullish push up to 106 will occur on a breakout of the rectangle as LTC/USD resumes the upside.
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: Descending Channel
LTC/USD,
1 hour
LONG
May 20
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.
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Litecoin · LTC/USD