LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.
A bearish descent down to the next support at 98.670000000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 101.800000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Bearish Harami’ candlestick chart pattern is found. The chart shows ‘Bearish Harami’. which is a negative pattern signal. The pair is likely to go down. 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 | 110.350000000 |
| 2nd High | 106.510000000 |
| Next High | 101.800000000 |
| Current Price | 101.190000000 |
| Next Low | 98.670000000 |
| 2nd Low | 97.540000000 |
| 3rd Low | 96.620000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Harami