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Weekly forecast Litecoin / Euro technical chart
Symbol LTCEUR

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Trade Setup

#LTCEUR
Total Profit: 214200000 pip (210%)
Closed trade(s): 0 pip Profit (0%)
Open trade(s): 214200000 pip Profit (210%)

Trade Setup:
We opened 10 BUY trade(s) @ 100.800000 based on 'Valley' entry method at 2021.07.21.

Open Profit:
Profit for one trade is 122.220000(current price) - 100.800000(open price) = 21420000 pip (21%)
10 trade(s) still open, therefore total profit for open trade(s) is 21420000 (21%) x 10 = 214200000 pip (210%)

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.

DateJuly 31, 2021 - 09:45
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 88.85, beginning of uptrend is expected.
  • We make sure when the resistance at 170.50 breaks.
  • If the support at 88.85 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • There is a divergence in RSI and price between the trough at 97.25 on 2021-05-23 and the trough at 88.22 on 2021-06-22, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
  • A trough is formed in daily chart at 88.50 on 07/20/2021, so more gains to resistance(s) 124.95, 148.80 and maximum to Major Resistance (170.50) 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 61.

Take Profits:

  1. 124.95
  2. 148.80
  3. 170.50
  4. 188.30
  5. 203.20
  6. 242.15
  7. 281.55
  8. 303.55
  9. 341.00
Click on the level to view price action history.

Symbol Released Current Forecast
Litecoin / Euro (LTCEUR) new 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
Litecoin / Euro (LTCEUR) Sun, 4 Feb 2024