The currency pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline downwards
A bearish descent downwards to the next support level at 102.060000000 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 106.270000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Bearish Harami’ candle chart pattern is detected. The chart forms ‘Bearish Harami’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 117.380000000 |
2nd High | 114.900000000 |
Next High | 106.270000000 |
Current Price | 103.370000000 |
Next Low | 102.060000000 |
2nd Low | 100.550000000 |
3rd Low | 99.880000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Harami