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CANAL DESCENDENTE
Litecoin
LTC/USD
1H
A descending channel has been uncovered, the price needs a more move as evidence of a breakout.
When price breaks out, the resulting move could spot a break in the price direction.
Ltcusd opens door for a move towards 55 on a break above 54.4 as ltcusd nears 54.4 hurdle.
CUÑA ASCENDENTE
Litecoin
LTC/USD
4H
There is a rising wedge diagnosed, ltcusd wants steady pullback for clear breakdown confirmation.
A rising wedge results in a bearish price move once price breaks out.
Decline to 54 is possible on a breach of 54.8 as minor hurdle remains at 54.8.
CANAL ASCENDENTE
Litecoin
LTC/USD
1H
We can see that an ascending channel has been identified, ltcusd asks for a bigger correction as an indication of a breakdown.
An ascending channel identifies a chart indicator that often identifies a bearish move in case if price breaks out.
It is possible that a further move towards 55.5 will form on a breakout of the ascending channel as ltcusd challenges 55.9 hurdle.
CUÑA ASCENDENTE
Litecoin
LTC/USD
1H
There is a rising wedge emerging.
A rising wedge describes a useful chart pattern that can be used to identify an extension in the downward direction in case if price collapses through the support line.
Ltcusd to turn bearish towards 55 amid rising bets for the move.
RECTÁNGULO
Litecoin
LTC/USD
4H
There is a rectangle turning up and the price breaks out.
A rectangle can be thought of as a useful bullish indicator that spots a bullish price action when price breaks above resistance.
Ltcusd to move up to the 56 zone on a breach of 55.2 as indicators turn bullish.
CANAL DESCENDENTE
Litecoin
LTC/USD
1D
A descending channel is found, ltcusd requests a next active bullish impulse as a verification of a breakout.
A descending channel depicts a reliable bullish indicator that indicates a bullish move when price breaks through the resistance.
Ltcusd to continue the appreciation trend towards the 60 mark on a upside break.
RECTÁNGULO
Litecoin
LTC/USD
1H
There is a rectangle poping up.
A rectangle typically results in that the price to go up when price breaks through the resistance.
Ltcusd turns higher to the 54 level on a breakout of the rectangle.
BANDERA ALCISTA
Litecoin
LTC/USD
4H
There is a bullish flag recognized and the price requires a steady move as an indication of a breakout.
A bullish flag represents a chart signal that is used to predict reversals in downtrends when price breaks above resistance.
Ltcusd to maintain its positive tone towards 54 on a breach of 53.4.
CANAL DESCENDENTE
Litecoin
LTC/USD
1H
We can see that the price builds a descending channel and the price breaks out now.
A descending channel signals a breakout higher if price breaks out to the the upside.
Ltcusd to surge considerably towards the 53.5 level on a breach of 53.3 as ltcusd sticks to the positive mood.
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