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Litecoinbtc

LTCBTC Update: Profit=39800 SL=800 Reward/Risk > 16.9:1 Trade Setup summary: Profit targets=39800 pip (500 + 1000 + 1300 + 1500 + 1900 + 2600 + 3600 + 5400+ 8500 + 13500) Stop Loss =800 pip Reward/Risk > 16.9 : 1 Current Status: Total Profit: 2345 pip Closed trade(s): 284 pip Profit Open trade(s): 2061 pip Profit Trade Setup: We opened 10 BUY trade(s) @ 0.004716 based on 'previous Forecast' at 2020.07.06 : Closed Profit: TP1 @ 0.005000 touched at 2020.07.06 with 284 pip Profit. Open Profit: Profit for one trade is 0.004945(current price) - 0.004716(open price) = 229 pip 9 trade(s) still open, therefore total profit for open trade(s) is 229 x 9 = 2061 pip Break Even 0.004716 Technical analysis: . LTCBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 63. Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (0.004500) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. Take Profits: TP1= @ 0.005000 TP2= @ 0.005500 TP3= @ 0.005800 TP4= @ 0.006000 TP5= @ 0.006400 TP6= @ 0.007100 TP7= @ 0.008100 TP8= @ 0.009900 TP9= @ 0.013000 TP10= @ 0.018000 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
14
A trading opportunity to buy in LTCBTCMidterm forecast: 0.01315 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A peak is formed in daily chart at 0.01890 on 04/03/2019, so more losses to support(s) 0.01430 and minimum to Major Support (0.01315) 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 40. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.01430 to 0.01315). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.01430) Ending of entry zone (0.01315) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.01500 TP2= @ 0.01620 TP3= @ 0.01730 TP4= @ 0.01890 TP5= @ 0.02015 TP6= @0.02380 TP7= Free
Long
by ForecastCity_EU
There is a possibility for the beginning of an uptrend in LTCBTC Technical analysis: . Litecoin/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00814000 to 0.00736000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00814000) Ending of entry zone (0.00736000) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00945400 TP2= @ 0.01063810 TP3= @ 0.01141060 TP4= @ 0.01240100 TP5= @ 0.01333480 TP6= @ 0.01571755 TP7= @ 0.01762490 TP8= @ 0.02035380 TP9= @ 0.02381480 TP10= Free
Long
by ForecastCity
A trading opportunity to buy in LTCBTCTechnical analysis: . LITECOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32. . While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.01212 to 0.01157). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.01212) Ending of entry zone (0.01157) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.01350 TP2= @ 0.01483 TP3= @ 0.01570 TP4= @ 0.01816 TP5= @ 0.01997 TP6= @ 0.02223 TP7= @ 0.02511 TP8= Free
Long
by ForecastCity