website utilities


Follow us:
+1 64 64 8000 31 (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 technical chart
Symbol LTCUSD

Download MT4 template file

Trade Setup
#LTCUSD
Total Profit: 56133 pip (1061%)
Closed trade(s): 27090 pip Profit (512%)
Open trade(s): 29043 pip Profit (549%)

Trade Setup:
We opened 10 BUY trade(s) @ 53.00 based on 'Valley' entry method at 2020.10.21.

Closed Profit:
TP1 @ 56.05 touched at 2020.10.22 with 305 pip Profit (6%).
TP2 @ 63.35 touched at 2020.11.07 with 1035 pip Profit (20%).
TP3 @ 68.10 touched at 2020.11.16 with 1510 pip Profit (28%).
TP4 @ 84.60 touched at 2020.11.20 with 3160 pip Profit (60%).
TP5 @ 104.45 touched at 2020.12.17 with 5145 pip Profit (97%).
TP6 @ 118.80 touched at 2020.12.19 with 6580 pip Profit (124%).
TP7 @ 146.55 touched at 2021.01.03 with 9355 pip Profit (177%).
305 (6%) + 1035 (20%) + 1510 (28%) + 3160 (60%) + 5145 (97%) + 6580 (124%) + 9355 (177%) = 27090 pip (512%)

Open Profit:
Profit for one trade is 149.81(current price) - 53.00(open price) = 9681 pip (183%)
3 trade(s) still open, therefore total profit for open trade(s) is 9681 (183%) x 3 = 29043 pip (549%)

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.
  • If the Midterm level 118.80 is broken, we will close open trades.
DateFebruary 7, 2021 - 19:51
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 118.80, resumption of uptrend is expected.
  • We make sure when the resistance at 184.60 breaks.
  • If the support at 118.80 is broken, the short-term forecast -resumption of uptrend- will be invalid.
  • We will close our open trades, if the Midterm level 118.80 is broken.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A trough is formed in daily chart at 118.80 on 01/27/2021, so more gains to resistance(s) 165.05 and maximum to Major Resistance (184.60) 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 55.

Take Profits:

  1. 56.05
  2. 63.35
  3. 68.10
  4. 84.60
  5. 104.45
  6. 118.80
  7. 146.55
  8. 196.55
  9. 237.40
Click on the level to view price action history.
Symbol Released Current Forecast
Litecoin (LTCUSD) Sun, 14 Apr 2024
Litecoin (LTCUSD) free Sun, 7 Apr 2024
Litecoin (LTCUSD) free Sun, 31 Mar 2024
Litecoin (LTCUSD) free Fri, 22 Mar 2024
Litecoin (LTCUSD) free Sun, 17 Mar 2024
History
Daily-Trading-Opportunities on LTCUSD.