LTCH19 Clear & Simple Short (BitMEX) [20.34% ROE PF]

3 Mar 2019

Hello Everyone.

LTCH19 has been trending upwards since Feb 2, 2019, recently the 4 hour money flow is going down, indicating that money is leaving this asset.

Lets short it with a safe stop loss above super hard resistance.

Here are the trade details:

Future Trade.

Short LTCH19 ONLY IF Price Breaks 0.01229 downwards

Trade: SHORT LTCH19

Current Price: 0.01245

Time Frame: 4 hour

Leverage: 10x

Buy in: 0.01228-0.01227-0.01225

Take Profits:
1. 0.01221
2. 0.01217
3. 0.01209
4. 0.01204

Stop Loss for this trade: 0.01283

Estimated Liquidation Price: 0.01333

Profit Potential: 20.34% ROE

Capital Allocation: <5%

6 Mar 2019

Not

1204 LTCH target reached. Trade closed in profits