Is the last line of defense for LTC bulls at 44.3?



$LTC /USDT - Short SHORT

Trading Plan:
Entry: 44.6 – 44.8
SL: 45.6
TP1: 44.0
TP2: 43.6
TP3: 42.9

Why focus on this structure?
- 4h level bearish dominant, 1D trend clearly downward, 95% confidence supports SHORT.
- RSI 15m only 39.57, weak rebound, bearish momentum not exhausted.
- ATR 1h 0.38, moderate volatility, current 44.7 is the ideal entry zone.
- Why now? TP1=44.0 is close at hand, high probability of accelerating to TP2=43.6 after breaking below.

Discussion:
Will this wave first test 44.0 and bounce, or directly waterfall to TP3?
LTC-2.42%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned