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Nobody sees the LTC trap forming at 47.22—except the 4h chart.
$LTC /USDT - SHORT
Trade Plan:
Entry: 47.09 – 47.35
SL: 48.50
TP1: 46.26
TP2: 45.62
TP3: 44.65
Why this setup?
• RSI 15m at 41.82 shows momentum fading into resistance.
• 1D trend is bearish, and ATR 1h at 0.53 confirms low volatility before breakdown.
• Entry at 47.22 aligns with TP1 46.26 and TP2 45.62—tight risk/reward for shorts.
• Why now? 95% confidence means the setup is armed and waiting for a drop.
Debate:
Are you shorting LTC at 47.22 or waiting for a retest of 48.50?