As we can see the price composes a pennant, LTC/USD lacks a bigger move as a sign of a breakout.
A pennant indicates a move up if price breaks above resistance.
LTC/USD does not rule out a move towards 76.
Litecoin: Fanion
LTC/USD,
1 heure
SHORT
Oct 16
There is a pennant uncovered and the price expects a move as proof of a breakout.
A pennant can be thought of as a useful bearish pattern that is used to indicate the bulls have run out of steam if price collapses through the support line.
Ltcusd to continue lower towards 93 as ltcusd becomes capped.
Litecoin: Canal Descendant
LTC/USD,
1 heure
SHORT
Mar 14
We can see that LTC/USD composes a descending channel, the price breaks out now.
Once price breaks out to the the downside, the move could predict that the price to go short.
A bearish price action towards 94 is going to happen as gains remain capped.
Litecoin: Canal Descendant
LTC/USD,
4 heures
LONG
Mai 17
We can see that the price establishes a descending channel.
A descending channel often indicates a bullish move if price breaks out to the the upside.
It is not ruled out that a further bullish move towards 84 will form on a breach of 83.
Litecoin: Rectangle
LTC/USD,
1 heure
LONG
Fév 28
We can see that a rectangle is close to being finished, LTC/USD calls for an active bullish continuation for clear breakout confirmation.
A rectangle typically indicates that the price to go long when price breaks out.
LTC/USD points to the upside towards 77 while above 76.2.
Litecoin: Canal Descendant
LTC/USD,
1 heure
LONG
Mar 11
A descending channel is exposed, the price requires a more steady bullish continuation as evidence of a breakout.
In case if price breaks above resistance, the resulting move could identify a bullish price action.
LTC/USD targets a move to 90 as the cryptocurrency becomes bullish.
Litecoin: Biseau Descendant
LTC/USD,
1 jour
LONG
Jui 30
As we can see a falling wedge takes place.
In case if price breaks out, the resulting move could signal an interruption of a downtrend.
It is likely that a bullish move towards 90 will occur on a breach of 88.
Litecoin: Canal Ascendant
LTC/USD,
4 heures
SHORT
Déc 7
We can see that an ascending channel is nearing completion.
An ascending channel spots that the price to go short once price breaks out to the the downside.
Decline to 70 looks likely.
Litecoin: Rectangle Baissier
LTC/USD,
1 heure
SHORT
Oct 9
It seems like a bearish rectangle is close to completion and the price is about to break out.
Once price breaks below support, the move could signal that the price to go short.
LTC/USD pulls back to 64 once below 64.6 as the cryptocurrency becomes bearish.
Litecoin: Canal Ascendant
LTC/USD,
1 jour
SHORT
Mai 21
There is an ascending channel distinguished.
When price breaks below support, the resulting move could predict extending an downtrend.
There is a chance of a bearish continuation to 90.
Litecoin: Biseau Descendant
LTC/USD,
1 heure
LONG
Fév 23
There is a falling wedge forming.
A falling wedge is said to depict a reliable signal that can be used to identify a bullish price action once price breaks out to the the upside.
A further bullish price action towards 68.5 stays on the cards on a breakout of the falling wedge.
Litecoin: Triangle Descendant
LTC/USD,
1 heure
LONG
Jui 27
A descending triangle is close to being complete, LTC/USD needs a bullish impulse as a signal of a breakout.
If price breaks out, the move could signal a break in the price direction.
A bullish continuation to the 71.2 level is probable.
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Litecoin · LTC/USD