LTC is about to encounter a retrace/ the rest is above in chart. Alan-masters also is in this trade which I agree on this one. XBT BTC is hitting heavy expected resistance at 3800 XBTUSD and will most likely reflect off this line for now. All indicators show we are at a higher risk of a retrace to find a new support and looking short term very bearish. The longs have started to take profits and LTC seems to be especially susceptible.
Entry : red box in chart
SL: 1310
Target: 1160/ 1115
Leverage: no more than 15X recommended/ use cross for conservative shorting
Entry : red box in chart
SL: 1310
Target: 1160/ 1115
Leverage: no more than 15X recommended/ use cross for conservative shorting
Trade active:
I personally have 10% of my account allocated to this trade! Lets get this Crypto!!
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Everyone still in their shorts from my previous posts from 3700-3900 hold your positions. Add one more short position at 4000 (no more than 10x leverage) and wait for the retrace to 3725-- buy take profit.
Everyone in my private chat that asked me over the last 3 days, we did excellent on our EOS trade at 15x for 380% as well as our long awaited XRP move that many bailed out of and criticized LOL but we came through. Even caught some hell on the Red X live-stream for my ideas on EOS and XRP.
Last idea/ avoid taking any positions at all on ETH - seriously do it at your own risk. News is factoring into this coin heavy and the chart patterns/ indicators cannot be trusted as strongly as with other options. This is a 50/50 and the amplitude of ETHs moves will surely knock out some SL's over the next few days.
Make sure to follow and like to keep these posts coming.
Everyone still in their shorts from my previous posts from 3700-3900 hold your positions. Add one more short position at 4000 (no more than 10x leverage) and wait for the retrace to 3725-- buy take profit.
Everyone in my private chat that asked me over the last 3 days, we did excellent on our EOS trade at 15x for 380% as well as our long awaited XRP move that many bailed out of and criticized LOL but we came through. Even caught some hell on the Red X live-stream for my ideas on EOS and XRP.
Last idea/ avoid taking any positions at all on ETH - seriously do it at your own risk. News is factoring into this coin heavy and the chart patterns/ indicators cannot be trusted as strongly as with other options. This is a 50/50 and the amplitude of ETHs moves will surely knock out some SL's over the next few days.