LTC-BTC
💡Don't miss the great buy opportunity in LTCBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.004100).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical 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 35.
Take Profits:
TP1= @ 0.004400
TP2= @ 0.004560
TP3= @ 0.004820
TP4= @ 0.005060
TP5= @ 0.005610
SL= Break below S2
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💡Don't miss the great buy opportunity in Litecoin/BitcoinTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00480).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
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 73.
Take Profits:
TP1= @ 0.00502
TP2= @ 0.00520
TP3= @ 0.00538
TP4= @ 0.00560
TP5= @ 0.00585
SL= Break below S2
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ForecastCity English Support Team ❤️
💡 Don't miss the great buy opportunity in Litecoin/Bitcoin Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00387). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Litecoin/Bitcoin (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 60.
Take Profits:
TP1= @ 0.004600
TP2= @ 0.005050
TP3= @ 0.005580
TP4= @ 0.006380
TP5= @ 0.008075
SL= Break below S2
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ForecastCity English Support Team ❤️
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
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Trade well, ❤️
ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in LTCBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00608). if so, traders can set orders based on Price Action and expect to reach short-term targets.
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 44.
Take Profits:
TP1= @ 0.00710
TP2= @ 0.00810
TP3= @ 0.00990
SL= Break below S2
Don't miss the great buy opportunity in LTCBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00705). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Litecoin/Bitcoin 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 66.
Take Profits:
TP1= @ 0.00785
TP2= @ 0.00900
TP3= @ 0.01000
SL= Break below S2
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
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
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