LTC/USDT – 4H – SELLThe combination Litecoin/Tether (LTC/USDT) jumps from the bullish trendline downwards
A descending movement downwards to the next support level at 96.830000000 is expected.
Caution: A possible change in the direction of the resistance level at 110.830000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bearish Harami’ candlestick chart pattern is detected. The candles form ‘Bearish Harami’. which is a negative 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 125.340000000 |
| 2nd High | 124.030000000 |
| Next High | 110.830000000 |
| Current Price | 105.680000000 |
| Next Low | 96.830000000 |
| 2nd Low | 96.620000000 |
| 3rd Low | 87.950000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Harami