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Weekly forecast Litecoin technical chart
Symbol LTCUSD

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Trade Setup
#LTCUSD
Total Profit: -43870 pip
Closed trade(s): 0 pip Profit
Open trade(s): -43870 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 46.81(current price) - 90.68(open price) = -4387 pip
10 trade(s) still open, therefore total profit for open trade(s) is -4387 x 10 = -43870 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.

DateMay 31, 2020 - 13:59
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 22.50, beginning of uptrend is expected.
  • We make sure when the resistance at 50.65 breaks.
  • If the support at 22.50 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 41.70 on 05/25/2020, so more gains maximum to Major Resistance (50.65) 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 60.

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