Trade Recommendation: Litecoin(LTC/BTC) – 80% Profit Potential

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May 19, 2019 by Hitesh Malviya



2710


Coin: LTC/BTC Time frame: 4-8 weeks Exchange: Binance Current Price:  0.0117 BTC Buy Zone:  0.01-115 BTC Sell Zone: 0.018 – 0.02 BTC Profit Potential: upto 80% Time frame: 4-8 weeks Technicals & Growth Factors LTC is trading above 200 Daily MA support, As long it holds this support, a chance for upside will be high. MACD has

Coin: LTC/BTC

Time frame: 4-8 weeks

Exchange: Binance

Current Price:  0.0117 BTC

Buy Zone:  0.01-115 BTC

Sell Zone: 0.018 – 0.02 BTC

Profit Potential: upto 80%

Time frame: 4-8 weeks

Technicals & Growth Factors

LTCBTC Daily(Poloniex)
  • LTC is trading above 200 Daily MA support, As long it holds this support, a chance for upside will be high.
  • MACD has finally turned green, started giving the early bullish signal.
  • The biggest catalyst for LTC/BTC Trade is Halvening – (Supply reduction by 1/2) which is going to happen on 7th August. Overall sentiments are high because of Halvening.

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