Short
LTCH19 Clear & Simple Short (BitMEX) [20.34% ROE PF]
Updated
Hello Everyone.
LTCH19 has been trending upwards since Feb 2, 2019, recently the 4 hour money flow is going down, indicating that money is leaving this asset.
Lets short it with a safe stop loss above super hard resistance.
Here are the trade details:
Future Trade.
Short LTCH19 ONLY IF Price Breaks 0.01229 downwards
Trade: SHORT LTCH19
Current Price: 0.01245
Time Frame: 4 hour
Leverage: 10x
Buy in: 0.01228-0.01227-0.01225
Take Profits:
1. 0.01221
2. 0.01217
3. 0.01209
4. 0.01204
Stop Loss for this trade: 0.01283
Estimated Liquidation Price: 0.01333
Profit Potential: 20.34% ROE
Capital Allocation: <5%
LTCH19 has been trending upwards since Feb 2, 2019, recently the 4 hour money flow is going down, indicating that money is leaving this asset.
Lets short it with a safe stop loss above super hard resistance.
Here are the trade details:
Future Trade.
Short LTCH19 ONLY IF Price Breaks 0.01229 downwards
Trade: SHORT LTCH19
Current Price: 0.01245
Time Frame: 4 hour
Leverage: 10x
Buy in: 0.01228-0.01227-0.01225
Take Profits:
1. 0.01221
2. 0.01217
3. 0.01209
4. 0.01204
Stop Loss for this trade: 0.01283
Estimated Liquidation Price: 0.01333
Profit Potential: 20.34% ROE
Capital Allocation: <5%
Note
1204 LTCH target reached. Trade closed in profits
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