LTC/USDT – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 98.67 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 101.660000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Bearish Harami’ candlestick pattern is detected. The candles form ‘Bearish Harami’. which is a bearish pattern signal. The currency pair is likely to fall. 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 | 106.510000000 |
| 2nd High | 101.800000000 |
| Next High | 101.660000000 |
| Current Price | 100.130000000 |
| Next Low | 98.670000000 |
| 2nd Low | 97.540000000 |
| 3rd Low | 96.620000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Harami