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DEFI-trader
Dec 11, 2021 10:35 AM

"100 usd to 1,000,000 usd" challenge (3) Short

Loopring / TetherUSBinance

Description

We closed LINA trade because of some weakness shown on BTC.

I am betting on a decrease of LRC price in the next few days or weeks.
I use fib levels for my exit strategy.
See chart for more details.

Price(usdt) : 2.44
Amount (LRC): 105
Total(usdt): 256
Total portfolio: -256 usdt (borrowed on Binance Cross Margin)

Follow for more updates

Trade closed manually

Closed this trade to enter in a more juicy one.

Price(usdt): 2.24
Amount(LRC): 105
Total(usdt): 81
Total Portfolio: 81 usdt

Trade closed: target reached

I have exited this trade long time ago as you may see from posts. But for people in the trade, it is time to close this trade. We almost hit the target, but to avoid any potential bounce from here, we exit and take profit.
Follow for more updates and follow my metrics here:
app.santiment.net/charts/NzX3NC-O__sCl
Comments
Bobron
is this on a log scale?
DEFI-trader
@Bobron, yes. and the fib levels are based on log chart.
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