There is a rectangle diagnosed, the price calls for a next correction as a signal of a breakout.
A rectangle often results in a next move down in case if price breaks through the support.
LTC/USD points to the downside towards the 85 mark.
Litecoin: Descending Channel
LTC/USD,
4 hours
LONG
2 days ago
We can see that a descending channel happens and ltcusd demands an active move as an indication of a breakout.
A descending channel provides a compelling bullish chart indicator that can be used to predict price reversal after a pause in case if price breaks out.
Ltcusd to extend its rebound to the 82 mark.
Litecoin: Descending Channel
LTC/USD,
4 hours
LONG
Jan 15
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: Ascending Channel
LTC/USD,
4 hours
SHORT
Mar 26
There is an ascending channel revealed, LTC/USD requests a steady move for clear breakdown confirmation.
In case if price breaks out, the move could predict a change in price direction.
LTC/USD to move back towards the 91 zone.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Oct 22
There is an ascending channel poping up.
An ascending channel tends to be a technical price action pattern that indicates a bearish price move once price collapses through the support line.
Ltcusd is at risk of extending its slump towards 92 on a breach of 92.6 as the mood may get worse.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Jun 27
We can see that a descending channel appears.
A descending channel provides a pattern that has a downward slope that is used to signal a bullish price move in case if price breaks out to the the upside.
LTC/USD to enjoy a considerable gain to the 85.5 level.
Litecoin: Rectangle
LTC/USD,
4 hours
SHORT
May 28
There is a rectangle emerging, the price is about to break out soon.
A rectangle is considered to be a technical chart signal that often signals a bearish price action if price collapses through the support line.
There is a probability of decline towards 93.
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.
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Litecoin · LTC/USD