LTC/USDT – 1H – SELLThe combination Litecoin/Tether (LTC/USDT) moves from the ascending trendline downwards
A bearish trend downwards to the next support level at 97.360000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 117.380000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Bearish Harami’ candlestick chart pattern is detected. The candles show ‘Bearish Harami’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.030000000 |
| 2nd High | 122.730000000 |
| Next High | 117.380000000 |
| Current Price | 102.720000000 |
| Next Low | 97.360000000 |
| 2nd Low | 96.830000000 |
| 3rd Low | 96.620000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Harami