Litecoin (LTCM19) SHORT BitMEX (Up to 113.9% ROE at 10X)

Apr 7, 2019

I am looking at Litecoin (LTCM19) on BitMEX.

It had some really awesome bullish action, together with the entire cryptocurrency market... We love this bullish action and there is more coming in the near future.

After a wave up, comes a wave down.

• A am looking at an exhausted MACD and RSI.
  
• A classic ABC correction after the first peak was hit, so the retrace can resume now.
  
• A break below EMA10, this signal is yet to be confirmed (4H candle is yet to close).
  
• the last candle is displaying growing bear volume.
  

These are just a few of the signals that I am seeing right now which tells me that LTCM19 might retrace further... This is not a piece of trade advice, this is a chart analysis. All the details on the chart.

All of my trades contain buy-in, targets, stop-loss, profits potential (ROE), capital allocation, and much more.

Trading on BitMEX is for smart, robust and highly experienced traders only. If you are a beginner, make sure to start trading in exchanges such as Binance and Bittrex, there is no liquidation there and just too easy and profitable, the only tool needed to profit is patience.

Trades can generate great fast easy profits, just as they can generate a loss. Intermediate and advanced traders are quite familiar with this. If by any chance you believe that trades can only go right, please start with non-leverage trading as it will be better for your mind and money.

Feel free to hit like if you would like to see a full trade for LTCM19. If this trade idea receives more than 150 likes, I will share this trade with over 110% ROE (normally develops fully within a few days).

Thanks a lot for reading.

Namaste.

Apr 8, 2019

Note

Targets:

(1) 0.00001767 -Reached (+40% ROE)

The first target reached.

Up to 61.2% ROE from buy-in to 0.00001732.

More to come.

Apr 9, 2019

Trade closed: target reached

103% ROE Generated.

Targets:

(1) 0.00001767 -Reached
(2) 0.00001721 -Reached
(2.5) 0.00001666 -Reached
(3) 0.00001650 -

Trade closed in massive profits.

Thanks a lot for the support.