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Everyone’s still bullish on LTC, but the 4H just triggered a 95% confidence short signal.
$LTC /USDT - SHORT
Trade Plan:
Entry: 43.79 – 43.93
SL: 44.58
TP1: 43.32
TP2: 42.96
TP3: 42.42
Why this setup?
• RSI on the 15m is 40.57—already weak, not oversold yet.
• 1D trend is bearish, and the 4H entry at 43.86 aligns with a breakdown structure.
• ATR on 1H is tight (0.30), so the move could be swift once momentum shifts.
• Why now? Price is hugging the entry high (43.93) while the alt setup shows a trap door below 43.14.
Debate:
Are we catching the fade to TP2 at 42.96, or is this a fakeout before a pump to 44.76?