Hello Everyone!
Litecoin has been trending up for a while, looks like it is oversold. Lets short it.
Trade: Short LTCHZ19
Current Price: 0.00960
Buy In: 0.00958-00961
Time Frame: 4 Hour
Leverage: 15x
Take Profits:
1. 953
2. 946
3. 942
4. 937
Stop Loss: 0.001003
Estimated Liquidation: 0.01009
Profit Potential: 35.94% ROE
Capital Allocation: <7%
Reasons for this trade: MFI Trending down, Volume Trending Down, RSI trending down.
If you make money in this trade, feel free to leave a like or comment.