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LTC bearish signal, 95% probability—what are you waiting for?
$LTC /USDT - SHORT
Trading plan:
Entry: 44.56 – 44.66
SL: 45.10
TP1: 44.24
TP2: 43.99
TP3: 43.62
Why focus on this structure?
- On the 4-hour timeframe, the trend is clearly bearish; the 15-minute RSI is neutral to weak (53.59), and the short-term rebound lacks strength.
- Current price 44.61 is hugging resistance; the short targets TP1 44.24 and TP2 43.99, with SL at 45.10 being reasonable.
- Why now? The 1-day trend is bearish; resonance across multiple timeframes—downward momentum is about to release.
Discussion:
Will this leg of the short reach TP2 first, or will it be a stop-run rebound?