Open:
High:
Low:
Close:
RECTANGLE
Litecoin
LTC/USD
1H
We can see that a rectangle is found, the price is close to breaking out.
A rectangle typically spots that the price to go up when price breaks out to the the upside.
Ltcusd to enjoy a considerable gain towards the 53.5 level as extra rangebound not ruled out.
TRIANGLE ASCENDANT
Litecoin
LTC/USD
1H
There is an ascending triangle appearing and the price is ready to break out.
Once price collapses through the support line, the move could indicate a move down.
There is a probability of a further bearish price action to the 52 zone on a downside break.
BISEAU DESCENDANT
Litecoin
LTC/USD
1H
It looks like a falling wedge is close to being done.
A falling wedge describes a compelling bullish price action signal that is used to signal that prices are likely to keep rallying upward in case if price breaks through the resistance.
A rangebound to 52.5 looks possible.
BISEAU DESCENDANT
Litecoin
LTC/USD
1H
There is a falling wedge exposed.
A falling wedge describes a specific bullish pattern that is used to predict price heading to a new direction when price breaks through the resistance.
Ltcusd to extend its rebound towards 54.5 as the cryptocurrency is at a brink of a bullish breakout.
BISEAU DESCENDANT
Litecoin
LTC/USD
1H
A falling wedge is close to being complete and the price is ready to break out.
A falling wedge describes a useful bullish chart indicator that indicates a next move up in case if price breaks out to the the upside.
A bullish price action to the 55 mark about to be made on a breakout of the falling wedge as downside pressure seen easing.
CANAL ASCENDANT
Litecoin
LTC/USD
4H
An ascending channel is diagnosed and the price is ready to break out now.
An ascending channel is considered to be a chart indicator that can be used to indicate a tendency to break in the opposite direction when price collapses through the support line.
Ltcusd targets a move towards the 52 zone on a breakout of the ascending channel as ltcusd is at a brink of a bearish breakout.
CANAL ASCENDANT
Litecoin
LTC/USD
1H
We can see that an ascending channel is close to being done and the price demands a next steady move as a clue of a breakdown.
If price breakdown occurs, the resulting move could indicate a temporary interruption during a rising market.
Ltcusd turns bearish towards the 53.5 zone.
TRIANGLE SYMÉTRIQUE
Litecoin
LTC/USD
1H
There is a symmetrical triangle emerging, ltcusd needs more rise for the certainty of breakout.
When price breaks through the resistance, the move could identify extending an uptrend.
Ltcusd turns bullish to the 55 zone on a break above 54.6 as bullish momentum increases.
FANION
Litecoin
LTC/USD
1H
As we can see a pennant arises.
A pennant represents a reliable bearish price indicator that is used to predict that the price to go short in case if price collapses through the support line.
Ltcusd set to fall towards 54.
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