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Weekly forecast Litecoin technical chart
Symbol LTCUSD

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Trade Setup
#LTCUSD
Total Profit: -36130 pip
Closed trade(s): 0 pip Profit
Open trade(s): -36130 pip Profit

Trade Setup:
We opened 10 BUY trade(s) @ 90.68 based on 'Valley' entry method at 2019.08.11.

Open Profit:
Profit for one trade is 54.55(current price) - 90.68(open price) = -3613 pip
10 trade(s) still open, therefore total profit for open trade(s) is -3613 x 10 = -36130 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.

DateOctober 15, 2019 - 19:55
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 22.50 would begin in Midterm.

Technical analysis:

  • A peak is formed in daily chart at 80.20 on 09/18/2019, so more losses to support(s) 42.20, 30.05 and minimum to Major Support (22.50) 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 38.

Take Profits:

  1. 96.30
  2. 105.95
  3. 118.80
  4. 146.55
  5. 165.05
  6. 196.55
  7. 237.40
  8. 295.80
  9. 370.35
Click on the level to view price action history.

Symbol Released Current Forecast
Litecoin (LTCUSD) new free Sun, 17 Mar 2024
Litecoin (LTCUSD) Sun, 25 Feb 2024
Litecoin (LTCUSD) Mon, 19 Feb 2024
Litecoin (LTCUSD) Sun, 11 Feb 2024
Litecoin (LTCUSD) Sun, 4 Feb 2024