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: 72555 pip
Closed trade(s): 59885 pip Profit
Open trade(s): 12670 pip Profit

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.
TP2 @ 63.35 touched at 2020.11.07 with 1035 pip Profit.
TP3 @ 68.10 touched at 2020.11.16 with 1510 pip Profit.
TP4 @ 84.60 touched at 2020.11.20 with 3160 pip Profit.
TP5 @ 104.45 touched at 2020.12.17 with 5145 pip Profit.
TP6 @ 118.80 touched at 2020.12.19 with 6580 pip Profit.
TP7 @ 146.55 touched at 2021.01.03 with 9355 pip Profit.
TP8 @ 196.55 touched at 2021.02.12 with 14355 pip Profit.
TP9 @ 237.40 touched at 2021.02.18 with 18440 pip Profit.
305 + 1035 + 1510 + 3160 + 5145 + 6580 + 9355 + 14355 + 18440 = 59885 pip

Open Profit:
Profit for one trade is 179.70(current price) - 53.00(open price) = 12670 pip
1 trade(s) still open, therefore total profit for open trade(s) is 12670 x 1 = 12670 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.
  • If the Midterm level 118.80 is broken, we will close open trades.

DateMarch 4, 2021 - 21:03
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 118.80 is a major support, while this level is not broken, the Midterm wave will be uptrend.
  • 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 152.70 on 02/28/2021, so more gains to resistance(s) 184.60, 196.55, 237.40 and more heights 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 49.

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) free Fri, 22 Mar 2024
Litecoin (LTCUSD) free Sun, 17 Mar 2024
Litecoin (LTCUSD) Sun, 25 Feb 2024
Litecoin (LTCUSD) Mon, 19 Feb 2024
Litecoin (LTCUSD) Sun, 11 Feb 2024