LTC Double Bottom to Double Top

Took a 5x position on BITMEX:LTCZ19. Increasing volume, upticking histogram, bull macd cross, just cross the 4hr 20ma after a double bottom? I'll take it twice on Sunday. Going for a double top here before a btc pump which will then rekt it while we short it later. That's the plan, anyways...lol

#LTC/Z19
Exchanges: Bitmex
Signal Type: Regular (Long)
Leverage: 5
Entry Zone: 6715-6750
Take-Profit Targets: 6875-7000-7200-7400-7750
Stop Targets: 6520
Risk: 16.6%
Rate: 6745

Trade fermée: cible de profit atteinte:

BitMEX
#LTC/Z19 Take-Profit target 1
Profit: 9.2593%
Period: 22 Hours 55 Minutes

I have closed this position. I feel dominance is in the process of a reversal., this can make a double bottom at 6550, or even bigger double bottom at 6275.

Commentaire:

This is what I'm thinking considering current market situation. I'm just waiting for confitmation of dominance move. If the market is happy with it, alts may hold, but I don't think this will be the case.

Let's see what happens.

Commentaire:

Commentaire:

Bob's Bitmex VIP,

BitMEX
#LTC/Z19 Take-Profit target 1
Profit: 18.0081%
Period: 10 Hours 29 Minutes

Bob's Bitmex VIP,

BitMEX
#LTC/Z19 Take-Profit target 2
Profit: 22.7857%
Period: 10 Hours 29 Minutes

Bob's Bitmex VIP,

BitMEX
#LTC/Z19 Take-Profit target 3
Profit: 30.0135%
Period: 10 Hours 30 Minutes

Yup, the short worked. Damn what a beautiful trade!