alanmasters

Litecoin on BitMEXas promised! [LTCH19][LONG][25X][119% ROE]

Long
BITMEX:LTCH19   None
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%.

---

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.
Comment: With your support, I can share many more of these trades... So hit LIKE and get me to 100+.

Previous trade (profitable and still active):
Thanks a lot for the support... Highly appreciated.

Namaste.
Comment: Here is a bullish formation:
- This signal supports our trade. But be aware, it can still go either way... That's why we always trade with a stop loss... Just in case that the signals that prompted us to trade breaks.

Namaste.
Comment: Our trade for LTCH19 has generated +33.25% ROE within 12 hours... More to come.

Make sure to hit LIKE!

Targets:

(1) 0.00912 -Reached
(2) 0.00922 -Next target
(3) 0.00943
(4) Hold.....

ENJOY THE PROFITS

Namaste.
Trade closed: target reached: Close this trade. You can go short on LTCH19.

Namaste.
Comment: Bearish divergence formed on the 4H chart:
So this trade is no longer safe.

CLOSE IN PROFITS.
Comment: Update:
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Comments

Thanks Alan, people are saying to short it here because it s losing momentum, should we close it?
Reply
alanmasters Etherpro
@Etherpro, That is up to you. If you are happy with the profits then you can close it.

If you have doubts, you can close it as well. But I stand by my trade - zero doubts here- unless stop loss is broken.

We raise stop loss above buy in price after we hit our first target... So we are in profit regardless.

Namaste.
Reply
sdubyag alanmasters
@alanmasters, just curious, what is your profit percentage at the new stop loss if it retreats back down? Thx
Reply
@sdubyag, Try it and calculate it.
Reply
alanmasters Etherpro
@Etherpro, Trade closed. Bearish divergence showing up.
Reply
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