BigChrisACharts

ltc short 100x leverage altcoin margin trade

Short
BITFINEX:LTCUSD   Litecoin
September is typically when smart big money investors and traders return from their summer vacation.

ltc is still a bit bearish but it is completely near the bottom...low leverage and spot traders should begin averaging down if i were you.

higher leveraged swing and day traders should open shorts below 47 til about 38 for profit taking!
im already in a 100x leveraged short at 61 something with stops around 63 and take profit around 57

so thats 8% profit on the underlying financial vehicle which is a 5.00 profit for every .61 cents invested if target hits 8%(100x)=800% . then ill reevaluate from there.

If price action shits the bed and ends up below 47.00 then I’ll take another short to about 38.00. 1100% profit

if interested in which brokers i use and why..dm me or check my steemit page..link is in bio
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.