1. The current recommendation is to short"LTC", clearly establishing a bearish position. There is no mention of "overextended rally" or "waiting for a pullback," indicating a direct market entry with additional positions added in batches at $53.5, reflecting a strong short signal. 2. Position and Risk Management Recommendations: Leverage should be controlled between 2x and 5x to avoid excessive margin calls. Initial entry should be at market price, with additional positions added in batches at $53.5. A strict stop-loss should be set at $54.7, emphasizing "limited to small risks." Profit targets should be implemented in multiple tiers: initial 25%, followed by 50%, 75%, and finally cross margin profit-taking, reflecting meticulous risk-return management. 3. Suitable for aggressive short-term trading, emphasizing rapid entry and exit, and avoiding prolonged positions. The strategy stresses strict stop-loss and multi-level take-profit, suitable for capturing short-term downtrend profits. Without clear long-term trends or fundamental catalysts, it's a purely technical short-term bearish strategy. As the KOL stated, "We are the Godzilla of the market," reflecting strong confidence in short short.
LTC: Summary of TraderTitan Community Discussions (10:00:09 ~ 11:00:09)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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