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Everyone is bullish on LTC — but the 1D trend just screamed “sell.”
$LTC /USDT - SHORT
Trade Plan:
Entry: 45.60 – 45.78
SL: 46.55
TP1: 45.05
TP2: 44.62
TP3: 43.98
Why this setup?
Why now?
- 95% SHORT confidence on the 4h timeframe.
- Price at 45.69 — directly beneath a bearish 1D trend.
- RSI 15m at 49.1, no momentum to reverse.
- ATR 1h at 0.356 — volatility narrowing, breakout imminent.
- Entry zone: 45.60–45.78, with TP1 at 45.05, TP2 at 44.62, TP3 at 43.98.
- Invalid only below 44.58 — tight risk for a big move.
Debate:
Are you shorting LTC into the 1D bear, or waiting for a fakeout to long?