Sell LTC/USDT – 30M – SELL

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

A bearish descent downwards to the next support level at 102.060000000 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 106.270000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Bearish Harami’ candle chart pattern is detected. The chart forms ‘Bearish Harami’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 117.380000000
2nd High 114.900000000
Next High 106.270000000
Current Price 103.370000000
Next Low 102.060000000
2nd Low 100.550000000
3rd Low 99.880000000

Download LTC/USDT Signal Image

Trading Signals:

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