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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.