ForecastCity

💡Don't miss the great buy opportunity in LTCBTC

Long
BINANCE:LTCBTC   Litecoin / Bitcoin

Trading 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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Trade well, ❤️
ForecastCity English Support Team ❤️
Trade active: 39% profit...
Total Profit: 39%
Closed trade(s): 7% Profit
Open trade(s): 32% Profit

Update Details:

Closed Profit:
TP1 @ 0.004400 touched at 01.03.2021 with 7% Profit.

Open Profit:
Profit for one trade is 0.004440(current price) - 0.004100(open price) = 8%
4 trade(s) still open, therefore total profit for open trade(s) is 8% x 4 = 32%
All SLs moved to Break-even point.

Take Profit:
TP2= @ 0.004560
TP3= @ 0.004820
TP4= @ 0.005060
TP5= @ 0.005610
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Comments

Many thanks for sharing this chart.
+2 Reply
@Lizabet, You're welcome
+1 Reply
I agree with your idea.👍
+1 Reply
@Kamryn, Thanks for your support. 👍
Reply
The chart is excellent. Good choice. 👌
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, We're glad you like it. 👍
Reply
Excellent chart. I really appreciate your help.
+1 Reply
ForecastCity Mesutkashmar
@Mesutkashmar, It's our pleasure. Thank you for your comment
Reply
Agree with your idea
Reply