LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) jumps from the descending trendline down.
A continuation of the downward movement down to the next support line at 94.720000000 is considered certain.
Caution: A possible change in the direction of resistance at 106.270000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bearish Harami’ candle chart pattern is found. The chart forms ‘Bearish Harami’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going 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 | 95.010000000 |
| Next Low | 94.720000000 |
| 2nd Low | 93.660000000 |
| 3rd Low | 88.880000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Harami