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Everyone’s still bullish on Litecoin—but LTC just flashed a 95% confidence SHORT signal.
$LTC /USDT - SHORT
Trade Plan:
Entry: 43.2 – 43.4
SL: 44.5
TP1: 42.4
TP2: 41.8
TP3: 40.9
Why this setup?
• 4h EMA at 43.3, with 1D trend firmly bearish and RSI 15m at 58.12—overbought on the micro timeframe.
• ATR 1h at 0.50: tight range suggests a breakout is imminent.
• Why now? Entry zone 43.2–43.4, with TP1 at 42.4—a 2% drop in hours. Waiting for confirmation, but the setup is textbook.
Debate:
Are you shorting LTC at 43.3, or do you think the bears are faking us out?