Litecoin (LTCM19) Chart Analysis (BitMEX)(10X Lev.)(100%+ ROE)

My dear readers and supporters... Come on, show us some love.

Here we are looking at Litecoin (LTCM19) on BitMEX.

I am getting the feeling that it can break to the upside here. There is a room for one last drop though, maybe small.

Notice how LTCM19 moved up to EMA50 (magenta line) and was rejected by it but without strength, it remained trading just below this level hitting it over and over.

There was an attempt on 30-May to push LTC down but it quickly bounced when it touched EMA10.

The RSI remains strong.
The MACD looks weak, but not a big deterrent.

Possible scenarios are drawn on the chart.

Feel free to hit like to show your support.
If this trade idea receives over 111 likes, we will share a full trade for LTCM19 with 5X leverage and over 100% profits potential.

Thanks a lot for reading.

Comment: Take a look at our last BitMEX trade... That's an amazing 183.3% ROE collected (up to 190% to peak price) in just a few days... This one was for TRXM19, see it here and hit like:
If you scroll down you can see the full trade.

Comment: Our last BCHM19 trade also did pretty good, this one for 60%+ ROE.

Take a look at it here:
Trade active: Thanks a lot for the support.

I'll be sharing the trade now.

Comment: Done. 142% ROE for LTCM19...
Wishing you great wealth, happiness, growth, luck, and infinite success.

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Related Ideas


Great piece of work Alan. Keep it up!
+2 Reply
@TradingShot, Thanks Alan, and thanks Shot, you do great analysis as well! The both of, you are important to our community :-)
+1 Reply
alanmasters GER-Quality-Trades
@GER-Quality-Trades, Thanks. :)
alanmasters TradingShot
@TradingShot, Thanks a lot brother appreciated.
im in this one :)
+2 Reply
alanmasters hamie101
@hamie101, Thanks for the support... Good luck. :)
Thanks for sharing your thoughts, great ideas.
+1 Reply
alanmasters Tradingstrategyguides
@Tradingstrategyguides, My pleasure.
We must remain patient, wait for the breakout of the 2 high volume areas, and if you are a range trader, check this:

+1 Reply
alanmasters CopilotThe
@CopilotThe, Thanks for sharing.
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