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Everyone’s chasing LTC longs, but the 4h chart just screamed SHORT at 95% confidence.
$LTC /USDT - SHORT
Trade Plan:
Entry: 45.05 – 45.21
SL: 45.87
TP1: 44.57
TP2: 44.20
TP3: 43.64
Why this setup?
Why now?
- 1D trend is bearish, and the 4h cycle confirms the downside bias.
- RSI at 62.41 on 15m shows short-term overbought—ripe for a rejection.
- Entry at 45.13 aligns with TP1 at 44.57 and TP2 at 44.20, while SL at 45.87 limits risk.
- The “invalid” level at 44.85 means any dip below confirms momentum.
Debate:
Are you shorting LTC to TP2 or waiting for a fakeout trap at 44.85 first?