LTC/USDT – 1H – SELL

The combination Litecoin/Tether (LTC/USDT) jumps from the bullish trendline down.

A bearish movement down to the next support level at 99.460000000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 106.510000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Bearish Harami’ candle pattern is discovered. The chart forms ‘Bearish Harami’. this is a bearish 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’ heading down is 53% (Bull Market) & 50% (Bear Market).

Download LTC/USDT Signal Image

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