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CUÑA DESCENDENTE
Litecoin
LTC/USD
1H
A falling wedge happens, ltcusd wants a strong move as proof of a breakout.
A falling wedge is believed to be an indicator that typically spots an interruption of a downtrend when price breaks above resistance.
Ltcusd to extend its rebound towards the 44.9 mark on a breach of 44.82.
CANAL DESCENDENTE
Litecoin
LTC/USD
1H
A descending channel is observed.
A descending channel is a specific price pattern that often spots an extension in the upward direction in case if price breaks through the resistance.
It is likely that a bullish move to 45.2 will be made amid the cryptocurrency recovers from recent lows.
RECTÁNGULO
Litecoin
LTC/USD
4H
It looks like a rectangle is detected, ltcusd requires a move as a sign of a breakout.
Once price breaks below support, the resulting move could spot a bearish price move.
It is likely that a bearish run towards 44.8 will form.
BANDERA BAJISTA
Litecoin
LTC/USD
1H
There is a bearish flag materializing, the price is going to break out.
A bearish flag typically spots a move down when price breaks below support.
There is a possibility of a rangebound to 45 amid rising bets for the move.
TRIÁNGULO ASCENDENTE
Litecoin
LTC/USD
1H
CANAL DESCENDENTE
Litecoin
LTC/USD
1H
The price gives a descending channel, the price asks for a next bullish action as proof of a breakout.
A descending channel represents a reliable bullish chart formation that is angled down that indicates that prices are likely to keep rallying upward once price breaks above resistance.
It is not ruled out that a further bullish move to the 45.8 zone will occur once above 45.55 as extra rangebound not ruled out.
RECTÁNGULO BAJISTA
Litecoin
LTC/USD
1H
As we can see ltcusd shapes a bearish rectangle.
A bearish rectangle typically spots a further move down once price breakdown occurs.
Ltcusd is at risk of extending its slump towards 44.9.
CANAL ASCENDENTE
Litecoin
LTC/USD
4H
An ascending channel is close to being completed and ltcusd calls for a further bearish impulse as a sign of a breakout.
An ascending channel suggests a reliable formation that is angled up that is used to predict a temporary interruption of an existing trend in case if price breaks down.
It is likely that a bearish continuation to 44.5 will occur while below 45.1 as the cryptocurrency becomes weaker.
CANAL DESCENDENTE
Litecoin
LTC/USD
1H
A descending channel happens and the price needs a next active move as a clue of a breakout.
A descending channel describes a technical signal that indicates that the price to go up when price breaks out.
Ltcusd turns bullish to 45.4.
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