Warning!!! Possible $6-7 DROP in LTC Price, C:$59.03 Hurry!!!

Hello dear readers,

Litecoin has been going on a run for the past couple of months. The chart is looking oversold, perfect time to short.

We use bitmex.com to short crypto assets. We will be using the LTCH19 contracts.

Trade Instructions

Trade: SHORT LTCH19

Current Price: 0.01480

Time Frame: 4 hour

Leverage: 5x

Buy in: 0.01475 - 0.01480 - 0.01485

Take Profits:
1. 0.01462
2. 0.01447
3. 0.01428
4. 0.01389

Stop Loss: 0.01617

Estimated Liquidation Price: 0.01753

Profit Potential: 30.43% ROE

Capital Allocation: <8%

Reasons for this trade:

MFI trending down on 1D time frame,
Overall trade volume lowering (low amount of buyers)
Easy short.

Enjoy

-Shaggad