Most traders think LTC is bottoming—but the 4h chart just screamed a 95% short signal.



$LTC /USDT - SHORT

Trade Plan:
Entry: 46.36 – 46.70
SL: 48.15
TP1: 45.32
TP2: 44.51
TP3: 43.30

Why this setup?
• RSI on 15m sits at 49.62—neutral, not oversold, leaving room to fall.
• 1D trend is bearish, and the 4h MTF confirms: short bias is armed.
• ATR on 1h is tight (0.67), suggesting a breakout is imminent—downside targets TP1 at 45.32, TP2 at 44.51.
• Entry zone is 46.36–46.70; invalidation only above 50.81—low risk for a high-confidence move.

Debate:
Are you taking the short into TP2, or do you think LTC fakes lower and bounces?
LTC-1.92%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned