LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline downwards

A descending movement down to the next support level at 100.540000000 is likely expected.

Caution: A possible change in the direction of the resistance level at 103.870000000 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Bearish Harami’ candlestick pattern is detected. The chart forms ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

Download LTC/USDT Signal Image

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Harami