Trade Recommendation: Litecoin (LTCEUR) | Hacked: Hacking Finance
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Analysis

Trade Recommendation: Litecoin (LTCEUR)

Posted on .

Trade Recommendation: Litecoin (LTCEUR)

Introduction

This article was posted on Sunday, 16:42, UTC.

The price moves upward in the borders of an ascending price channel. When the price bounced from the trend line of the channel, we got a buy signal. RSI confirmed price reversal. Now we have to place pending orders for buy above the local swing high. If the market moves higher than 41.00, it will be a good confirmation of further upward movement. Stop orders must be placed below 34.50 level. Profit target should be at 50.00 resistance level. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.

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Buy: 41.30
Stop: 34.50
Profit Targets: 49.00

The trading signal is based on Kraken chart.

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Dmitriy Lavrov

Dmitriy Lavrov

Dmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years trading experience. The main covered markets are Forex, Commodity, Cryptocurrency. Provides personal education for those who are interested in profitable trading. Entries in TOP 10 among TradingView authors.

Comments
  • user

    AUTHOR Inverstor Clouseau

    Posted on 4:59 pm August 20, 2017.

    I’ve been waiting for this moment!

  • user

    AUTHOR ms2005

    Posted on 5:19 pm August 20, 2017.

    Is this a short term trade or a long term ?

  • user

    AUTHOR Jeremi Fisher

    Posted on 5:47 pm August 20, 2017.

    We personally have ltc as a strong long-term buy also. It’s a matter of time before trading funds start hopping into ltc especially when they implement lightning

  • user

    AUTHOR birmas

    Posted on 1:11 am August 21, 2017.

    nice call guys too bad i was asleep and missed this recommendation!

  • View Comments (4) ...
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