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
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Harami