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BENDERA / FLAG BEARISH
Litecoin
LTC/USD
1H
We can see that a bearish flag develops, the price expects a more bigger bearish action to confirm bearish flag breakout.
A bearish flag often spots a potential reversal in price action in case if price collapses through the support line.
Ltcusd to move back to 54.5 as the cryptocurrency failes to keep gains.
PERSEGI
Litecoin
LTC/USD
1H
A rectangle is spotted.
If price breaks out, the resulting move could predict that the price will rally further.
Ltcusd challenges a move towards 55.6 on a breach of 55.4 as risk reversal sheds bearish bias.
KANAL MENURUN / DESCENDING CHANNEL
Litecoin
LTC/USD
1H
There is a descending channel happening and ltcusd requires an active impulse up as an indication of a breakout.
A descending channel denotes a chart signal that typically results in a move up in case if price breaks out to the the upside.
A bullish run to 55.5 is probable on a upside break as bulls lurking in demand zone.
KANAL MENURUN / DESCENDING CHANNEL
Litecoin
LTC/USD
1H
There is a descending channel coming out.
A descending channel spots that the price to go long if price breaks above resistance.
Ltcusd to accomodate towards 55.5 once above 55 as ltcusd looks bid.
BENDERA / FLAG BULLISH
Litecoin
LTC/USD
1H
We can see that a bullish flag has been observed, the price demands a further strong move as a clue of a breakout.
A bullish flag spots a downward trend is about to reverse into an upnward trend when price breaks out to the the upside.
It is not ruled out that a bullish price action to 56 will form as extra rangebound not ruled out.
SEGITIGA NAIK
Litecoin
LTC/USD
1H
There is an ascending triangle determined and the price is breaking out.
An ascending triangle is said to depict a useful bearish price pattern that often spots extending an downtrend if price breaks out.
It is not ruled out that extra downside towards 56 will occur on a breakout of the ascending triangle.
BENDERA / FLAG BEARISH
Litecoin
LTC/USD
4H
As we can see the price develops a bearish flag, ltcusd lacks a more bigger move as a verification of a breakout.
If price breakdown occurs, the move could spot that the price to go down.
There is a probability of decline towards 55 on a downside break as indicators turn bearish.
KANAL MENANJAK / ASCENDING CHANNEL
Litecoin
LTC/USD
1H
It seems like an ascending channel is very close to being completed.
An ascending channel represents a compelling price formation that identifies a tendency to break in the opposite direction when price breaks out to the the downside.
Ltcusd could recede towards 55.
SEGITIGA NAIK
Litecoin
LTC/USD
1H
The price establishes an ascending triangle, the price calls for a more steady impulse up as a clue of a breakout.
An ascending triangle is believed to be a bullish price action pattern that is used to indicate that the price will rally further once price breaks above resistance.
A bullish continuation to 57 is likely.
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