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Litecoin · LTC/USD

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Litecoin: Descending Triangle

LTC/USD, 1 hour    LONG Jul 21
LTC/USD shows a descending triangle and LTC/USD lacks a bullish action as a signal of a breakout. When price breaks through the resistance, the resulting move could indicate a bullish price action. LTC/USD to grind higher to 73.6 on a breakout of the descending triangle.
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Litecoin: Rectangle

LTC/USD, 1 hour    LONG Apr 10
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.
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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.
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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.
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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.
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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.
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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.
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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.
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Litecoin: Ascending Channel

LTC/USD, 1 hour    SHORT Jul 21
It looks like an ascending channel is recognized. An ascending channel suggests a compelling pattern with an upward bias that is used to predict a move down in case if price breaks below support. A further bearish continuation towards 72.6 is probable on a breach of 72.7 as LTC/USD is at a brink of a bearish breakout.
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Litecoin: Descending Channel

LTC/USD, 1 hour    LONG May 15
There is a descending channel turning up. A descending channel depicts a bullish formation that is angled down that often identifies a further move up once price breaks above resistance. There is a probability of a rangebound to 80 while above 79.2 as LTC/USD resumes the upside.
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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.
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Litecoin: Descending Channel

LTC/USD, 1 hour    LONG May 27
There is a descending channel arising, the price expects a more active bullish action to confirm descending channel breakout. A descending channel often predicts the more likely potential of rising prices if price breaks through the resistance. LTC/USD to push up to the 85 mark as LTC/USD challenges 84.4 hurdle.
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