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Everyone is waiting for a LTC pump—but the data just flipped bearish at 95% confidence.
$LTC /USDT - SHORT
Trade Plan:
Entry: 41.76 – 41.92
SL: 42.63
TP1: 41.25
TP2: 40.85
TP3: 40.26
Why this setup?
• 4h MTF confirms SHORT bias with 95% confidence—rarely wrong at this level.
• RSI at 46.23 on 15m shows weak momentum, no bullish divergence.
• Entry at 41.84, TP1 at 41.25 is only -1.4%—quick profit zone.
• Trend1D is bearish, meaning daily structure supports further downside.
• Why now? Price is rejecting the 4h resistance zone and ATR (0.33) suggests volatility is compressed—break imminent.
Debate:
Are you shorting LTC here, or waiting for a fakeout above 42?