Hello readers,
Litecoin looks like the MFI is trending down ion the 4 hour chart as well as lowering volume.
Looks very great to short.
Trade: SHORT LTCM19
Current Price: 0.01803
Time Frame: 4 hour
Leverage: 5x
Buy in: 0.01803 - 0.01810 - 0.01823
Take Profits:
1. 0.01774
2. 0.01729
3. 0.01659
4. 0.01579
Stop Loss: 0.02101
Estimated Liquidation Price: 0.02141
Profit Potential: 62.12% ROE
Capital Allocation: <4%