LTC/USDT – 1H – SELL

Additionally a ‘Double bottom retreat down’ chart pattern is existing. The formation shows ‘Double bottom retreat down’. which is a bearish signal. The currency pair is likely to go down.

The pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline down.

The bearish trend downwards to the next support at 113.400000000 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 115.310000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Bearish Harami’ chart pattern is existing. The chart shows ‘Bearish Harami’. which is a negative chart scenario. The currency pair is likely to fall. 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).

115.310000000 – 119.470000000 – 118.120000000 – 113.400000000 – 113.370000000 – 113.130000000 — 58.491159131504 – 53.731431932483

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Harami – Double bottom retreat down – –