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Everyone is bullish on LTC—here’s why I’m shorting at 43.64.
$LTC /USDT - SHORT
Trade Plan:
Entry: 43.42 – 43.86
SL: 45.73
TP1: 42.07
TP2: 41.03
TP3: 39.46
Why this setup?
• 4h MTF confirms bearish trend with 95% confidence. • RSI 15m at 54.47 shows no overbought protection. • Daily trend is bearish—this is a pullback trap, not a reversal. • TP1 at 42.07 is 3.6% away; TP2 at 41.03 is 6% down. • ATR 1h at 0.87 suggests volatility is low, so move is clean.
Debate:
Are you buying the dip or waiting for the dump to 41?