LTC/USDT – 4H – SELLThe currency pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline down.
A bearish trend down to the next support line at 96.620000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 110.830000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bearish Harami’ candle pattern is existing. The candles form ‘Bearish Harami’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 125.340000000 |
| 2nd High | 124.030000000 |
| Next High | 110.830000000 |
| Current Price | 100.580000000 |
| Next Low | 96.620000000 |
| 2nd Low | 87.950000000 |
| 3rd Low | 81.540000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Harami