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CANAL ASCENDENTE
Litecoin
LTC/USD
1H
There is an ascending channel appearing.
An ascending channel identifies a useful bearish price action signal that typically signals that the price to go short once price breaks out.
Ltcusd dives out bullish trendline towards the 55.2 level.
CANAL DESCENDENTE
Litecoin
LTC/USD
4H
As we can see a descending channel is almost completed and the price asks for a strong move as a signal of a breakout.
A descending channel is a specific chart indicator that often signals a temporary interruption of an existing trend in case if price breaks above resistance.
Ltcusd to accomodate to the 56.5 mark on a breach of 56.2.
BANDERA BAJISTA
Litecoin
LTC/USD
1D
There is a bearish flag noticed, the price is about to break out now.
A bearish flag often spots a bearish move once price breaks out to the the downside.
It is likely that a further rangebound towards the 54 zone will happen.
CANAL DESCENDENTE
Litecoin
LTC/USD
1H
As we can see the price gives a descending channel, the price wants a further strong bullish action as a clue of a breakout.
A descending channel depicts a reliable bullish pattern that is angled down that typically predicts a next move up when price breaks above resistance.
It is not ruled out that a further bullish push up towards 55.5 will occur.
CANAL DESCENDENTE
Litecoin
LTC/USD
1H
A descending channel is close to being complete and the price is close to breaking out soon.
A descending channel identifies a reliable pattern that typically identifies a bullish price move in case if price breaks through the resistance.
There is a probability of a bullish run to the 55.4 mark.
RECTÁNGULO
Litecoin
LTC/USD
1H
There is a rectangle taking place, the price is breaking out.
A rectangle often predicts a bearish price move once price breaks out.
There is a possibility of a bearish price action towards 55 on a breach of 55.05 as weakness continues.
TRIÁNGULO ASCENDENTE
Litecoin
LTC/USD
4H
There is an ascending triangle forming.
An ascending triangle denotes a reliable chart formation that is used to signal a bearish price action once price breaks through the support.
Ltcusd to suffer a steeper decline towards the 55 zone.
CUÑA DESCENDENTE
Litecoin
LTC/USD
1H
There is a falling wedge coming out and the price is about to break out.
A falling wedge typically spots a bullish price action if price breaks out to the the upside.
Ltcusd to accomodate towards 55.4.
TRIÁNGULO DESCENDENTE
Litecoin
LTC/USD
1H
There is a descending triangle appearing and the price is about to break out.
When price breaks out to the the downside, the resulting move could identify that the price to go down.
Ltcusd turns bearish to 55.
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