LTC/BTC. R Trader
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Thread: LTC/BTC. R Trader

  1. #1

    LTC/BTC. R Trader


    Litecoin (LTC) is a decentralized cryptocurrency, a fork of Bitcoin intended by its designers to be more feasibly mined using consumer-grade hardware. Litecoin is a peer-to-peer crypto currency that was developed on the base of Bitcoin and has an open source code. Unlike Bitcoin, the Litecoin blockchain is able to process a greater number of transactions.

    This instrument is available for trading on the platform R trader. You can start trading with as few as 10 USD on your trading account.

  2. #2


    The LTC/BTC cryptocurrency pair trades under the impact of the daily uptrend. The instrument formed a local daily maximum in the area of 0.013, now the correction on the level 0.010 looks most likely, from this level we can open buy positions in order to retest the resistance level of 0.013.

  3. #3

    The current price in the LTC-BTC instrument is 0.012315$. The short-term trend is neutral. The long-term trend is bullish. The price is above its 800-hours simple moving average curve. Stochastic (4 hours, 5,3,3) is in the neutral zone and its direction is uncertain.

    The resistance line is at 0.13$. It is recommended to sell from that level.

  4. #4
    The current rate in LTC-BTC is 0.0123 BTC. The intra-day trend is bearish. However, the rate is still above the 800-hours simple moving average.

    Considering the fact that the rate is significantly above SMA-800 hours, it is better to sell after finding a reliable resistance zone. I suggest to sell from 0.0129 BTC.

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