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Topic: Litecoin trade setups (Read 127 times)

newbie
Activity: 14
Merit: 0
June 10, 2019, 11:46:06 PM
#1
Trade setups, Jun 11, 2019

Sell signal: When the first sell signal comes, sell only if you have bought earlier with a lower price and can make a profit. Otherwise let the price go up, wait until the "Change one hour" turns to negative, and the price has hit a sell wall. Also as you can see, pivot point resistances are at $142.5 and $136.1.

LTC/USD
14 Day RSI at 80% $157.1
Pivot Point 2nd Resistance $142.5
Pivot Point 1st Resistance $136.1
Biggest resistance 7 days $130.1
Take profit $128.8
14 Day RSI at 70% $125.6
Pivot Point 1st Support $118.0
Buy more $114.8
Pivot Point 2nd Support $106.3
Biggest support 7 days $100.1
14 Day RSI at 50% $99.4

LTC/BTC
14 Day RSI at 80% 0.01796
Pivot Point 2nd Resistance 0.01716
Pivot Point 1st Resistance 0.01667
Biggest resistance 7 days 0.01632
Take profit 0.01608
14 Day RSI at 70% 0.01563
Pivot Point 1st Support 0.01532
Buy more 0.01517
Pivot Point 2nd Support 0.01446
14 Day RSI at 50% 0.01330
Biggest support 7 days 0.01308
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