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

Trade Recommendation: Litecoin (LTCEUR)

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Trade Recommendation: Litecoin (LTCEUR)

Introduction

This article was posted on Thursday, 15:11, UTC.

The price is going to break the downtrend line. It’s buy opportunity. The local swing high is a good level for placing pending orders for buy. It’s 70.10 level. Stop orders can be placed below the previous low at 65.30 level. Profit target should be near the resistance level. DMI allows open long trades. But in order to get an additional confirmation that the market is going to move upward, ADX line will have to rise above 20 level. If you want to get more reliable signal, you should wait for this confirmation. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.

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Market: LTCEUR
Buy: 70.10
Stop: 65.30
Profit Targets: 75.00

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 sandiegosean

    Posted on 3:52 am September 8, 2017.

    Thanks for the knowledge you have provided about this recommended move. I wanted to ask a post game question.

    I looked at Lite coin and it went all the way up to 80.89 at the peak and now its at 77.86 . I wanted to see if there is a way to tell if the advice you give would have made people money. I have not yet made a trade and am bit scared to so far : ) . So here are my questions. So far I am enjoying reading this webstie adn all the knkowledge it has to offer;

    1.) Is their a way to do a mock trade with a program that will act like its betting my money but does not?

    2.) If I want to start off following your advice how would you recommend I get Litecoins to start trading?

    3.) What platform or software or URL do you recommend I make trade with?

  • View Comments (1) ...
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