LTC Short Signal with 95% Confidence – Are You Following?



$LTC /USDT – SHORT

Trade Plan:
Entry: 43.72 – 43.84
SL: 44.40
TP1: 43.32
TP2: 43.01
TP3: 42.55

Why This Structure?
- Daily trend is clearly bearish, with the 4-hour EMA resistance at 43.78, and bearish momentum not yet exhausted.
- 15-minute RSI is only 42.16, short-term bounce is weak, bears are in control.
- Current price near 43.78, close to the short entry zone, stop-loss at 44.40, risk-reward ratio over 1:2.
- Why now? Because intraday bounce is capped by the 4-hour resistance, and RSI hasn't entered oversold territory, leaving room for further downside.

Discussion:
Will this short hit TP1 at 43.32 first, or break directly to 43.01?
LTC0.36%
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