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CANAL ASCENDENTE
Litecoin
LTC/USD
1D
The price completes an ascending channel.
In case if price breaks below support, the move could signal a bearish price action.
Corrective downside to the 54 zone looks likely.
BANDERA BAJISTA
Litecoin
LTC/USD
1H
There is a bearish flag uncovered and the price needs a further move for the certainty of breakout.
A bearish flag provides a specific signal that is used to predict a next move down once price breaks below support.
Ltcusd pulls away from recent highs to 55.8 on impulse below 55.9.
CANAL DESCENDENTE
Litecoin
LTC/USD
1H
A descending channel has been discovered, ltcusd expects a next steady move as a signal of a breakout.
A descending channel describes a price pattern that results in a bullish move if price breaks out.
Ltcusd challenges a move towards 57 on a breakout of the descending channel.
TRIÁNGULO DESCENDENTE
Litecoin
LTC/USD
1H
As we can see a descending triangle is very close to being finished.
A descending triangle typically identifies the more likely potential of rising prices in case if price breaks through the resistance.
There is a chance of a move towards the 56.5 level as outlook for ltcusd stays positive.
TRIÁNGULO DESCENDENTE
Litecoin
LTC/USD
1H
The price creates a descending triangle, ltcusd needs an active bearish continuation as a signal of a breakdown.
A descending triangle spots the more likely potential of falling prices when price breaks through the support.
Ltcusd set to fall towards 56 on a breakout of the descending triangle.
CANAL DESCENDENTE
Litecoin
LTC/USD
1H
As we can see a descending channel is nearing completion and the price wants a next move for the certainty of breakout.
A descending channel is a bullish price signal that can be used to signal a next move up when price breaks above resistance.
Ltcusd looks north to the 58 mark on a breakout of the descending channel as ltcusd sticks to the positive mood.
CANAL ASCENDENTE
Litecoin
LTC/USD
1H
It seems like an ascending channel has been diagnosed, the price is about to break out now.
In case if price collapses through the support line, the resulting move could signal the bulls have run out of steam.
Ltcusd to suffer further downside to the 57.5 mark once below 58.
RECTÁNGULO
Litecoin
LTC/USD
1H
There is a rectangle forming and ltcusd requests a steady move to confirm a breakdown.
A rectangle identifies a sharp decline in case if price breaks through the support.
Ltcusd risks extending drop to 56.5 while lower than 57.1.
CANAL ASCENDENTE
Litecoin
LTC/USD
1H
There is an ascending channel taking place.
An ascending channel often results in a pause in an uptrending market once price collapses through the support line.
Ltcusd to slump towards 57 as bears looking for profit.
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