ForecastCity
Long

A new trading opportunity to buy in LTCBTC

BITTREX:LTCBTC   Litecoin / Bitcoin
Technical analysis:
. Litecoin/Bitcoin is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.

Trading suggestion:
. If you missed our first HUNT, you have a second chance to buy above the new suggested support zone .
. There is still a possibility of temporary retracement to suggested support zone (0.01000000 to 0.00845000). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.01000000)
Ending of entry zone (0.00845000)

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:

New Take Profits:
TP1= @ 0.01135000
TP2= @ 0.01315000
TP3= @ 0.01430000
TP4= @ 0.01530000
TP5= @ 0.01730000
TP6= @ 0.02015000
TP7= @ 0.02380000
TP8= Free

We opened 10 BUY trade(s) @ 0.00829193 based on '2-Day Hammer' entry method at 12.28.2018.

Total Profit: 3360242
Closed trade(s): 2428404 Profit
Open trade(s): 931838 Profit


Closed Profit:
TP1 @ 0.00945400 touched at 01.06.2019 with 116207 Profit.
TP2 @ 0.00999300 touched at 01.06.2019 with 170107 Profit.
TP3 @ 0.01063810 touched at 02.08.2019 with 234617 Profit.
TP4 @ 0.01240100 touched at 02.09.2019 with 410907 Profit.
116207 + 170107 + 234617 + 410907 = 931838

Open Profit:
Profit for one trade is 0.01233927 (current price) - 0.00829193 (open price) = 404734
6 trade(s) still open, therefore total profit for open trade(s) is 404734 x 6 = 2428404
All SLs moved to Break-even point.

Previous Take Profit:
TP5= @ 0.01334200
TP6= @ 0.01533800
TP7= @ 0.01733900
TP8= @ 0.02019900
TP9= @ 0.02383000
TP10= Free
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Nice result
Reply
@Kamryn, Thanks. I'd like to know your idea about this pair as well. if you don't mind.
+1 Reply
I got huge profits!!!!!!!!!!!!!!!!
Thanks a lot!!!!!!!!!!!!!!
Reply
ForecastCity Koorosh_FX
@Koorosh_FX, You're mostly welcome. Thanks for sharing your happiness with us.
+1 Reply
A bunch of good information. Thanks!
+1 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, You're welcome. I would like to know if you have any idea about this pair?
+1 Reply
Very thoughtful, congratz n thanks a lot giving me a better direction and surely earning money.
+2 Reply
ForecastCity Alexander_007
@Alexander_007, thanks for your comment. what do you think about this pair?
+1 Reply
You mentioned the resumption of the uptrend is expected, but I am thinking of the retracement. cuz I see a pick.
+3 Reply
fxniki fxniki
@fxniki, peak ;)
+3 Reply