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Weekly forecast Litecoin / Euro technical chart
Symbol LTCEUR

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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.

DateOctober 11, 2020 - 22:41
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 21.45, beginning of uptrend is expected.
  • We make sure when the resistance at 56.75 breaks.
  • If the support at 21.45 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • The RSI resistance #1 at 48 is broken, so the probability of beginning of uptrend is increased.
  • A trough is formed in daily chart at 34.25 on 07/06/2020, so more gains to resistance(s) 45.86 and maximum to Major Resistance (56.75) 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 54.

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) Fri, 22 Mar 2024
Litecoin / Euro (LTCEUR) Sun, 17 Mar 2024
Litecoin / Euro (LTCEUR) Sun, 25 Feb 2024
Litecoin / Euro (LTCEUR) Mon, 19 Feb 2024
Litecoin / Euro (LTCEUR) Sun, 11 Feb 2024