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Everyone’s still bullish on LTC, but the 1D chart just whispered a secret that 95% of traders missed.
$LTC /USDT - SHORT
Trade Plan:
Entry: 44.47 – 44.63
SL: 45.35
TP1: 43.95
TP2: 43.55
TP3: 42.96
Why this setup?
• 4h SHORT bias with 95% confidence – the algo is screaming “sell the bounce.”
• 1D trend is bearish, and 15m RSI at 35.18 shows momentum is already exhausted.
• Entry at 44.55 with tight SL at 45.35 gives a risk-to-reward of 1:3 to TP2 at 43.55.
• Why now? ATR on 1h is low (0.33), meaning a breakout is imminent – and it’s pointing down.
Debate:
LTC is sitting at 44.55 – are you shorting this dip or waiting for a fakeout before TP2?