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Most people are still buying LTC – but the 4h chart just confirmed a 95% short signal.
$LTC /USDT - SHORT
Trade Plan:
Entry: 42.09 – 42.39
SL: 43.64
TP1: 41.19
TP2: 40.49
TP3: 39.44
Why this setup?
Why short now?
- Daily trend is bearish, and the 4h MTF shows a high-confidence SHORT setup at 95%.
- RSI on 15m is neutral (54.46), giving room for downside before oversold.
- Entry zone is tight at 42.24 with TP1 at 41.19 – a quick 2.5% drop before resistance.
- ATR on 1h is low (0.58), so the breakout move could be sharp and fast.
Debate:
Are you taking the short to TP2 at 40.49, or do you think LTC fakes the breakdown first?