LTC/USDT – 1H – SELLThe currency pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline downwards
The bearish trend downwards to the next support level at 97.360000000 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 117.380000000 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Bearish Harami’ candlestick pattern is existing. The candles show ‘Bearish Harami’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.030000000 |
| 2nd High | 122.730000000 |
| Next High | 117.380000000 |
| Current Price | 104.200000000 |
| 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