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Trend Hunter performance since 2015 for this symbol

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Weekly forecast Litecoin / Bitcoin technical chart
Symbol LTCBTC

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Trade Setup
#LTCBTC
Total Profit: -1872 pip
Closed trade(s): 0 pip Profit
Open trade(s): -1872 pip Profit

Trade Setup:
We opened 8 BUY trade(s) @ 0.01376 based on 'Valley' entry method at 2019.04.30.

Open Profit:
Profit for one trade is 0.01142(current price) - 0.01376(open price) = -234 pip
8 trade(s) still open, therefore total profit for open trade(s) is -234 x 8 = -1872 pip

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.

DateTue, 05/21/2019 - 14:43
Currentrange bound
Forecastresumption of uptrend
Last weekBullish

Midterm forecast:

  • While the price is above the support 0.01000, resumption of uptrend is expected.
  • We make sure when the resistance at 0.01430 breaks.
  • If the support at 0.01000 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • While the RSI support #1 at 30 is not broken, the probability of price decrease would be too low.
  • A trough is formed in daily chart at 0.01105 on 05/14/2019, so more gains to resistance(s) 0.01285, 0.01315 and maximum to Major Resistance (0.01430) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 36.

Take Profits:

  1. 0.01430
  2. 0.01520
  3. 0.01600
  4. 0.01730
  5. 0.01890
  6. 0.02015
  7. 0.02380
Click on the level to view price action history.

Symbol Released Current Forecast
Litecoin / Bitcoin (LTCBTC) Thu, 12 Sep 2019
Litecoin / Bitcoin (LTCBTC) Sun, 1 Sep 2019
Litecoin / Bitcoin (LTCBTC) Mon, 26 Aug 2019
Litecoin / Bitcoin (LTCBTC) Fri, 23 Aug 2019
Litecoin / Bitcoin (LTCBTC) Wed, 7 Aug 2019