Hello dear readers,
Welcome to another trade, please leave a like or comment to keep these free high quality bitmex signals coming!
Litecoin has been on a run for a while now. It looks like it might be time to add to some shorts! Plus the LTCH19 contracts expire on March 29, which will lower the prices.
Enjoy
Trade Instructions
Trade: SHORT LTCH19
Current Price: 0.01480
Time Frame: 4 hour
Leverage: 5x
Buy in: 0.01475 - 0.01480 - 0.01485
Take Profits:
1. 0.01462
2. 0.01447
3. 0.01428
4. 0.01389
Stop Loss: 0.01617
Estimated Liquidation Price: 0.01753
Profit Potential: 30.43% ROE
Capital Allocation: <8%
Reasons for this trade:
MFI trending down on 1D time frame,
Overall trade volume lowering (low amount of buyers)
Easy short.
What is your opinion?
-Shaggad
Welcome to another trade, please leave a like or comment to keep these free high quality bitmex signals coming!
Litecoin has been on a run for a while now. It looks like it might be time to add to some shorts! Plus the LTCH19 contracts expire on March 29, which will lower the prices.
Enjoy
Trade Instructions
Trade: SHORT LTCH19
Current Price: 0.01480
Time Frame: 4 hour
Leverage: 5x
Buy in: 0.01475 - 0.01480 - 0.01485
Take Profits:
1. 0.01462
2. 0.01447
3. 0.01428
4. 0.01389
Stop Loss: 0.01617
Estimated Liquidation Price: 0.01753
Profit Potential: 30.43% ROE
Capital Allocation: <8%
Reasons for this trade:
MFI trending down on 1D time frame,
Overall trade volume lowering (low amount of buyers)
Easy short.
What is your opinion?
-Shaggad