LTC/USDT – 1H – SELLThe currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.
The bearish trend down to the next support line at 104.610000000 will continue.
Caution: A possible trend reversal in the direction of resistance at 116.920000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bearish Harami’ candle chart pattern is existing. The chart forms ‘Bearish Harami’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.030000000 |
| 2nd High | 122.730000000 |
| Next High | 116.920000000 |
| Current Price | 114.670000000 |
| Next Low | 104.610000000 |
| 2nd Low | 97.360000000 |
| 3rd Low | 96.830000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Harami