[LTCH19][SHORT][10X][99.46% ROE]Trade: SHORT LTCH19
Leverage: 10X
Buy In: 0.01244 – 0.01210
Time Frame: 4H
Targets:
(1) 0.01170
(2) 0.01116
Stop Loss: Close 4H candle above 0.01265
Liq. Price: 0.01265
Profit Potential: 99.46% ROE
Capital Allocation: <4%.
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Our Litecoin (LTCH19) trade as promised.
Please keep in mind that BitMEX trades are HIGH RISK.
High risk and fast high rewards.
Namaste.
LTCH19
$LTC short idea: neckline support flipping resistanceHigh time frame first - 3D is getting smacked back down from the consolidation that lead to the last leg of the sell off in 2018. Looks ready to close as a swing high (retrace looks likely).
Low time frame on Bitmex - clear support level/neckline is our entry, there is an OB above that which should offer a bit more resistance before our stop loss is hit. That same OB was responsible for sending price down below resistance. Targeting current local low.
Litecoin Is Leading This Wave, Correct?We've seen several times that Litecoin (LTCBTC / LTCH19) has been leading this latest cryptocurrency wave. If that is the case, then we can expect a small breakout on the major altcoins to the upside, including the King Bitcoin.
Let's take a look at why is that:
Litecoin's price bounced after hitting EMA50. It didn't hover around this price it simply bounced and followed up to break a fib resistance and EMA10.
We are looking at the 4H time frame and a volume breakout can be seen on BitMEX (left chart). Now, this candle just opened, so there is plenty of room left for volume to keep growing, just as it can move down.
The RSI is looking pretty good and the MACD is starting to form a strong curve.
So Litecoin (LTCBTC) broke up first. If past action is any indication of future action, then we can expect BTCUSD / XBT, ETHUSD, ADABTC / ADAH19 and BCHABCBTC / BCHH19 to break up as well pretty soon.
If Litecoin (LTCBTC / LTCH19) moves down and closes below EMA10 on this same 4H candlestick, then this analysis is completed invalidated.
Hit LIKE to show your support.
Many people have noticed Litecoin moving first. This happens often when one of the major alts take the lead, I was seeing this same thing happen a few months back with ETHUSD.
So based on this little piece of information, there is a good chance that the other altcoins will break up as well.
In fact, I have several open trades for these with different signals that are pointing to the same. In case anything goes wrong, we activate our stop loss.
Here are the trades (Enjoy it):
XRPH19:
BCHH19:
XBT:
ADABTC:
Thanks a lot for reading.
Namaste.
Another amazing trade - 26% in 48 hoursA very rewarding Counter-Trend Trade
Trading with the trend or against the trend - Both are okay and as rewarding as each other if the timing of your trade is right.
Timing is everything in trading.
Yes, leverage trading is highly over-rated. You don't need anything more than 3x really.
If you think you do, you are calling to get REKT.
Cup and Handle on LTCH19 was nearly Perfect!I just wanted to remind everyone that our Cup and Handle analysis on LTCH19 was nearly perfect and the profits in only a 5x margin were in-between the 100-200+% range since our entry. I am very happy for those of you that held in this and I hope you are ready for the next in-depth analysis.
LTCH19 Short Trade PlanCommodity : LITECOIN
Trade Type : SHORT
Trading Against : BITCOIN
Entries : Double-UP Entries between the two given buy zones
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 48 hours to 1 week
Investment in trade : 5% of the total Trading Balance.
Leverage : 3x
Prospective Profit : 13.5% to 52.3% (with Leverage)
Prospective Loss : 14.91% (with leverage)
RRR : SL to TP1 is 2.25, SL to TP2 is 2.95 , SL to TP3 is 3.4 , SL to TP4 is 4.00
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
Litecoin To Challenge Resistance (Can It Go Up?)Litecoin (LTCH19) is moving to challenge its overhead resistance sitting at 0.00978.
If this resistance can be broken with strength, expect additional bullish action from Litecoin (LTCBTC).
Conditions for change: If Litecoin (LTCH19) to break and close above 0.00978, you can expect a retrace to ensue and EMA10 to be tested next as support at which point a new analysis is needed.
Note: This is a short term analysis and is intended to give you an advanced warning of an upcoming move.
You believe will move up from here?
Share your opinion in the comments section below or post if you have any questions or charts to share.
Hit LIKE if you enjoyed this information.
Namaste.
LTCH19 Short Trade PlanCommodity : LITECOIN
Trade Type : SHORT
Trading Against : BITCOIN
Entries : Double-UP Entries between the two given buy zones
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-3 weeks
Investment in trade : 20% of the total Trading Balance.
Leverage : 3x
Prospective Profit : 11.4% to 39.6% (with Leverage)
Prospective Loss : 7.5% (with leverage)
RRR : SL to TP1 is 1.46, SL to TP2 is 2.15 , SL to TP3 is 3.27 , SL to TP4 is 4.77
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
Clear & Simple LTC Short (BITMEX) [Get 35.94% ROE Easily]Hello Everyone!
Litecoin has been trending up for a while, looks like it is oversold. Lets short it.
Trade: Short LTCHZ19
Current Price: 0.00960
Buy In: 0.00958-00961
Time Frame: 4 Hour
Leverage: 15x
Take Profits:
1. 953
2. 946
3. 942
4. 937
Stop Loss: 0.001003
Estimated Liquidation: 0.01009
Profit Potential: 35.94% ROE
Capital Allocation: <7%
Reasons for this trade: MFI Trending down, Volume Trending Down, RSI trending down.
If you make money in this trade, feel free to leave a like or comment.
Litecoin (LTCH19) Can It Be Shorted? 20X Lev on BitMEXLitecoin (LTCH19) Hit overbought on the RSI and I am looking at a double top.
The signals are clear to me that a drop is coming.
Note: Trade at your own risk, this is not a trade. My trades for BitMEX have buy in, target, stop loss, capital allocation, time frame and additional details.
Hit LIKE if you would like to see a full trade.
Thanks a lot for the amazing support.
Namaste.
Litecoin (LTCBTC) Is Taking The LeadLitecoin is moving ahead with strength and already trading above resistance.
It recently broke above EMA10, while EMA100 worked as support on the retrace.
The MACD is bullish and showing a signal of additional bullish action to come. While the RSI indicates that Litecoin can continue moving up.
LTCBTC main target for further strength is a strong break and close above 0.009488.
LTCBTC main support will remain at EMA50 (around 0.00900). Above this price, it can remain bullish.
Below EMA200 (yellow), it goes bearish.
Namaste.
LTCH19 Possibility of Double Top IncomingView Chart Post Feedback. LTC is bullish as of now but is heading its way into a double top. 4 months away from Halving, I do not suspect this to be a factor into price increase as of now. I believe around the early part to middle of February we will see a dramatic drop in the Market, as shown here with wave lines about the estimated time of sell off Feb 9-15. With this theory in play, alts and Bitcoin will surely find bottom before we can begin a true reversal in the market. Overall Bearish.
31.01.2019 LTCH19 - When to shortA lot of liquidity on the upside could potentially create a small run up to the supply zone.
A high volume wick rejecting the EQ would be the ideal shorting opportunity in this case.
Litecoin (LTCH19) Changes Direction (Short Term Retrace)Litecoin (LTCH19) has changed direction. Bearish divergence showing up on the 1H time frame.
We closed our earlier trade in PROFITS due to this. I am updating you here so that you can get out in profits and maybe even short LTCH19 if you like.
Thanks a lot for the support.
Namaste.
Litecoin on BitMEXas promised! [LTCH19][LONG][25X][119% ROE]Trade: LONG LTCH19
Leverage: 25X
Buy In: 0.00900
Time Frame: 4H
Targets:
(1) 0.00912
(2) 0.00922
(3) 0.00943
(4) Hold.....
Stop Loss: Close 4H candle below 0.00890
Profit Potential: 119% ROE
Capital Allocation: <5%.
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I promised a trade for Litecoin if my earlier post idea received enough support. It did, so here is a Litecoin trade as promised.
I hope you enjoy it.
Namaste.
LTC long, day trade versionI previously posted an LTC long entry based on the 4h chart structure.
I missed my entry by 1 tick, so here's a long setup based on the 2h chart.
Litecoin Getting Ready For A Strong Move! (100% Possible?)I am looking at the Litecoin (LTCBTC) chart on the daily time frame and there seems to be something brewing up.
This signal can fail, but it looks like a strong move is on its way... If resistance can break.
- The black line on the chart is MA200. Notice how this line is coming down and now below LTCBTC's price.
- Recent break above EMA10 and trading above EMA50, which is a strong resistance.
- We have a bullish RSI and the MACD is also n the bullish zone, something most altcoins are laking.
- This can be a good profit move, so keep an eye on this.
- If enough support is given to this trade idea, I will post a LTCBTC (All exchanges -Binance, Bittrex, Coinbase, BitFinex, Kraken, etc.) trade as well as a highly profitable LTCH19 (BitMEX) trade with leverage.
Thanks a lot for reading.
Namaste.
LTC wait for candle close to confirm, long if confirmedwait for this 4h candle to close above resistance, then place long bids for a retest
LTC growth phaseLTC showing us great rotation and it´s going to apex of triangl, which has been formed since the beginning of the year. By cyclic lines on 15 min. chart should LTC do breakout today and grow. At the end of consolidation phase was created falling wedge with lower sell volume. On 30 min. chart was created bullish divergence on MACD histogram. Within next hours I would like to see last leg down or breakout of falling wedge.
Litecoin Leveraged Trade -BitMEX [LTCH19][LONG][10X][80.89% ROE]Trade: LONG LTCH19
Buy in: 0.00849 - 0.00857
Leverage: 10X
Time Frame: 4H
Targets:
(1) 0.00880
(2) 0.00890
(3) 0.00922
Stop loss: Close 4H candle below 0.00831.
Capital allocation: <8%.
Profits Potential: 80.89% ROE
As promised... Low risk vs high reward.
Enjoy the trade.
Namaste.
Litecoin Retrace Complete? (Looking For Support)I am looking at Litecoin (LTCBTC) and the retrace from the last bullish wave might be completed.
After reaching a peak on the 6th January, Litecoin (LTCBTC) has been on a full retrace. On the way down, it has been breaking support after support until the price starting to flatten out.
Here are the different signals that are pointing to "support found" for LTC:
LTCBTC has retraced all the way to .786 of the Fib. retracement tool, which is an important support level.
EMA200, EMA300 and MA200 all were able to sustain the drop so far.
After these moving averages lines and fib. levels were tested, we have a slight increase in green volume.
I can also see a break above EMA10 with a full green candle, which is bullish.
There is bullish divergence spotted on the MACD and RSI.
This is a good set up for a trade.
What's your take on Litecoin's next move?
Do you believe it will go up or continue consolidating sideways?
Or you believe Litecoin will go down?
Please let me know in the comments section below.
Namaste.