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Everyone’s waiting for a breakout, but LTC just flashed a 95% short signal that nobody’s talking about.
$LTC /USDT - SHORT
Trade Plan:
Entry: 42.5 – 42.7
SL: 43.9
TP1: 41.6
TP2: 40.9
TP3: 39.9
Why this setup?
- 4h timeframe shows bearish trend with RSI at 56—slightly elevated but not overbought, meaning room to fall.
- ATR volatility is low at 0.55, suggesting a sharp move is brewing; entry at 42.6 targets 41.6 and 40.9.
- 1D trend confirms bearish momentum, making this a high-probability short with tight risk at 43.9.
Debate:
If you’re shorting LTC here, are you aiming for TP1 at 41.6 or waiting for a flush to 39.9?