There is a descending channel emerging, the price is ready to break out soon.
A descending channel predicts the more likely potential of rising prices when price breaks through the resistance.
LTC/USD to extend its advance to 104 on a breach of 101.5.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Jun 23
An ascending channel appears, LTC/USD expects a bigger correction as an indication of a breakout.
An ascending channel is a reliable bearish price action signal that predicts a tendency to break in the opposite direction when price collapses through the support line.
There is a possibility of a bearish run towards 74.4 as upside pressure mitigates.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Apr 30
An ascending channel takes place, the price is close to breaking out soon.
An ascending channel often spots a bearish price action when price breaks out to the the downside.
It is not ruled out that a rangebound towards 90 will be made on a breach of 90.5.
Litecoin: Rectangle
LTC/USD,
4 hours
LONG
Nov 2
There is a rectangle detected.
A rectangle identifies a specific signal that often spots a bullish price action once price breaks out to the the upside.
A bullish continuation towards 71 is likely.
Litecoin: Rectangle
LTC/USD,
1 hour
SHORT
Feb 15
A rectangle occurs.
A rectangle typically spots an extension in the downward direction once price breaks through the support.
There is a chance of a further rangebound to 68.5.
Litecoin: Descending Triangle
LTC/USD,
1 hour
LONG
Apr 15
The price completes a descending triangle, the price is breaking out.
Once price breaks above resistance, the resulting move could signal an extension in the upward direction.
There is a possibility of a bullish run to 98.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Sep 6
A descending channel emerges.
A descending channel often identifies a pause in a downtrending market in case if price breaks out.
LTC/USD hints a change to the upside to the 63.4 zone as LTC/USD nears 63.3 hurdle.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Feb 10
There is a descending channel materializing and the price is close to breaking out soon.
A descending channel is said to depict a compelling price action signal that is used to indicate a move up when price breaks above resistance.
It is not ruled out that a bullish price action to 109 will happen while above 108.5 as bullish momentum increases.
Litecoin: Descending Triangle
LTC/USD,
4 hours
LONG
Nov 29
There is a descending triangle identified and the price is breaking out.
In case if price breaks above resistance, the move could identify that the price to go long.
There is a chance of a bullish push up to 100 on impulse above 97.
Litecoin: Rectangle
LTC/USD,
1 hour
SHORT
Feb 1
A rectangle is almost done, the price is breaking out.
If price breaks below support, the move could identify the more likely potential of falling prices.
LTC/USD to push down to 124 on a downside break.
Litecoin: Descending Triangle
LTC/USD,
1 hour
LONG
Feb 26
The price sets up a descending triangle, the price is breaking out.
A descending triangle depicts a bullish indicator that typically indicates the more likely potential of rising prices once price breaks out.
There is a chance of a move towards 70.4 as extra rangebound not ruled out.
Litecoin: Rectangle
LTC/USD,
4 hours
LONG
Sep 27
We can see that a rectangle occurs, the price breaks out now.
A rectangle tends to be a signal that can be used to identify a further move up in case if price breaks out to the the upside.
LTC/USD looks north towards the 65.5 level.
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Litecoin · LTC/USD