website utilities


Follow us:
+1 (646) 48 000 22 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Litecoin / Euro technical chart
Symbol LTCEUR

Download MT4 template file

Trade Setup
#LTCEUR
Total Profit: 97110 pip
Closed trade(s): 7605 pip Profit
Open trade(s): 89505 pip Profit

Trade Setup:
We opened 10 BUY trade(s) @ 38.255 based on 'Valley' entry method at 2020.07.24.

Closed Profit:
TP1 @ 45.860 touched at 2020.07.27 with 7605 pip Profit.

Open Profit:
Profit for one trade is 48.200(current price) - 38.255(open price) = 9945 pip
9 trade(s) still open, therefore total profit for open trade(s) is 9945 x 9 = 89505 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.

DateAugust 10, 2020 - 14:21
Currentuptrend
Forecastcontinuation of uptrend
Last weekBullish

Midterm forecast:

  • 30.34 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:

  • The RSI bounced from the support #1 at 40 and it prevented price from more losses.
  • The RSI resistance #2 at 58 is broken, so the probability of continuation of uptrend is increased.
  • A trough is formed in daily chart at 34.25 on 07/06/2020, so more gains to resistance(s) 56.75, 65.55, 76.07 and more heights is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 64.

Take Profits:

  1. 45.86
  2. 56.75
  3. 65.55
  4. 76.07
  5. 88.85
  6. 104.45
  7. 125.75
  8. 193.75
  9. 303.55
Click on the level to view price action history.

Symbol Released Current Forecast
Litecoin / Euro (LTCEUR) Sun, 13 Sep 2020
Litecoin / Euro (LTCEUR) Wed, 2 Sep 2020
Litecoin / Euro (LTCEUR) Mon, 24 Aug 2020
Litecoin / Euro (LTCEUR) free Sun, 16 Aug 2020
Litecoin / Euro (LTCEUR) Mon, 10 Aug 2020