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LTC short signal 95%. Will this break through to the downside?
$LTC /USDT - SHORT
Trading Plan:
Entry: 44.1 – 44.3
SL: 44.9
TP1: 43.7
TP2: 43.3
TP3: 42.8
Why focus on this setup?
- Bearish dominance on the 4H timeframe, with a clear downtrend on the 1D, and visible EMA suppression
- RSI (15m) is only 59.4—rebound is weak, and bearish momentum hasn’t been exhausted
- Current entry: around 44.2; TP1 43.7, TP2 43.3, SL 44.9; risk-reward ratio 1:2+
Discussion:
Will it reach TP2 first, or will it lure longs with a rebound? Have you placed your order?