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Weekly forecast Litecoin / Euro technical chart
Symbol LTCEUR

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Trade Setup
#LTCEUR
Total Profit: 698992 pip (1556%)
Closed trade(s): 397886 pip Profit (886%)
Open trade(s): 301106 pip Profit (670%)

Trade Setup:
We opened 10 BUY trade(s) @ 44.893 based on 'Valley' entry method at 2020.10.21.

Closed Profit:
TP1 @ 45.860 touched at 2020.10.22 with 967 pip Profit (2%).
TP2 @ 56.750 touched at 2020.11.16 with 11857 pip Profit (26%).
TP3 @ 65.550 touched at 2020.11.19 with 20657 pip Profit (46%).
TP4 @ 76.070 touched at 2020.11.24 with 31177 pip Profit (69%).
TP5 @ 88.850 touched at 2020.12.18 with 43957 pip Profit (98%).
TP6 @ 104.450 touched at 2020.12.28 with 59557 pip Profit (133%).
TP7 @ 125.750 touched at 2021.01.04 with 80857 pip Profit (180%).
TP8 @ 193.750 touched at 2021.02.17 with 148857 pip Profit (332%).
967 (2%) + 11857 (26%) + 20657 (46%) + 31177 (69%) + 43957 (98%) + 59557 (133%) + 80857 (180%) + 148857 (332%) = 397886 pip (886%)

Open Profit:
Profit for one trade is 195.446(current price) - 44.893(open price) = 150553 pip (335%)
2 trade(s) still open, therefore total profit for open trade(s) is 150553 (335%) x 2 = 301106 pip (670%)

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 125.75 is broken, we will close open trades.

DateFebruary 21, 2021 - 21:22
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 125.75 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 125.75 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 96.80 on 01/26/2021, so more gains to resistance(s) 241.80, 303.55 and more heights 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 75.

Take Profits:

  1. 45.86
  2. 56.75
  3. 65.55
  4. 76.07
  5. 88.85
  6. 104.45
  7. 125.75
  8. 193.75
  9. 303.55
Click on the level to view price action history.

Symbol Released Current Forecast
Litecoin / Euro (LTCEUR) Fri, 22 Mar 2024
Litecoin / Euro (LTCEUR) 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