LTC/USDT – 1H – SELL

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

A descent downwards to the next support line at 97.360000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 117.380000000 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Bearish Harami’ chart pattern is existing. The chart forms ‘Bearish Harami’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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