Sell LTC/USDT – 30M – SELL

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

A descending movement downwards to the next support level at 97.210000000 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 103.870000000 could happen.
Consider stop-loss settings accordingly.

In addition a ‘Bearish Harami’ candle chart pattern is existing. The chart shows ‘Bearish Harami’. which is a bearish chart scenario. The currency pair is likely to fall. 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).

Support & Resistance Price Range*
3rd High 114.900000000
2nd High 105.030000000
Next High 103.870000000
Current Price 101.710000000
Next Low 97.210000000
2nd Low 96.830000000
3rd Low 96.620000000

Download LTC/USDT Signal Image

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