LTC/USDT – 30M – SELLThe pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline downwards
The bearish trend down to the next support line at 97.360000000 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 102.320000000 should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘Bearish Harami’ candle pattern is existing. The chart shows ‘Bearish Harami’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 106.510000000 |
| 2nd High | 103.050000000 |
| Next High | 102.320000000 |
| Current Price | 98.820000000 |
| Next Low | 97.360000000 |
| 2nd Low | 96.830000000 |
| 3rd Low | 96.620000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Harami