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LTC is about to prove why 95% confidence shorts are rarely wrong.
$LTC /USDT - SHORT
Trade Plan:
Entry: 42.40 – 42.58
SL: 43.35
TP1: 41.85
TP2: 41.42
TP3: 40.78
Why this setup?
4H timeframe confirms bearish bias; daily trend is already down. RSI on 15m sits at 50.11—neutral, not oversold—meaning no bounce fuel. ATR on 1h is tight at 0.357, so the move could be slow but decisive. Entry zone at 42.40–42.58 lines up perfectly with the first target at 41.85. This isn’t a guess; it’s a statistical setup.
Debate:
Are you shorting LTC here, or waiting for a fakeout above 42.58?