There is a rising wedge detected and ltcusd requires a next move as an indication of a breakdown.
A rising wedge can be thought of as a compelling bearish indicator that identifies a move down if price breakdown occurs.
Ltcusd set to fall to 83.5.
上昇三角形型
ライトコインLTC/USD1H
There is an ascending triangle revealed.
An ascending triangle describes a useful bullish chart signal that can be used to identify a bullish price action once price breaks out.
It is possible that a further bullish price action towards the 84.5 zone will form on impulse above 84 as bulls looking for upside correction.
ペナント
ライトコインLTC/USD1H
A pennant is very close to being completed.
A pennant depicts a specific bullish price signal that signals that the price to go up in case if price breaks above resistance.
It is likely that a further move to 83 will take place on a break above 82.4 as ltcusd sticks to the positive mood.
下降ウェッジパターン
ライトコインLTC/USD1H
A falling wedge forms, the price is ready to break out.
If price breaks out to the the upside, the resulting move could indicate a further move up.
Ltcusd aims to complete a retracement to the 84 mark as ltcusd becomes bullish.
下降ウェッジパターン
ライトコインLTC/USD1H
A falling wedge is close to being completed and ltcusd lacks a bigger move for clear breakout confirmation.
A falling wedge is considered to be a bullish indicator that often identifies a tendency to break in the opposite direction in case if price breaks out to the the upside.
Ltcusd to prolong the growth phase towards the 84 level on a breakout of the falling wedge as there is room for a upside correction.
上昇チャネル
ライトコインLTC/USD1D
We can see that the price shapes an ascending channel.
An ascending channel identifies a signal that can be used to indicate an extension in the downward direction in case if price collapses through the support line.
Ltcusd set to accelerate its decline towards 85 on a breakout of the ascending channel.
下降三角形型
ライトコインLTC/USD1H
There is a descending triangle identified.
Once price breaks out, the resulting move could indicate an extension in the downward direction.
Ltcusd challenges a move to 88 on a breach of 89.2.
下降ウェッジパターン
ライトコインLTC/USD4H
There is a falling wedge exposed, the price is ready to break out.
If price breaks above resistance, the move could predict a downward trend is nearing its end.
A bullish run to 100 is likely on a break above 94.
上昇フラッグ
ライトコインLTC/USD1H
A bullish flag is almost done, ltcusd lacks a more strong move to confirm bullish flag breakout.
A bullish flag often indicates a change in price direction once price breaks out.
A bullish move to 94 looks probable.