LTC/USDT – 30M – SELL

The currency pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.

A bearish movement down to the next support level at 102.030000000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 114.900000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Bearish Harami’ candlestick pattern is detected. The candles form ‘Bearish Harami’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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