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Is LTC 45.15 a trap? A 95% short win rate is waiting for you.
$LTC /USDT - SHORT sell
Trading plan:
Entry: 45.08 – 45.22
SL: 45.85
TP1: 44.63
TP2: 44.28
TP3: 43.76
Why focus on this structure?
- On the 4-hour timeframe, the EMA is arranged bearish; the 1-day trend is clearly pointing down.
- RSI on the 15m is only 54.35; the bounce lacks strength, and bearish momentum hasn’t been released.
- Target TP1 44.63, TP2 44.28; stop loss 45.85; risk-reward ratio is 2.5:1.
- Entering now means catching the ignition point of the trend.
Discussion:
Will this wave reach TP2 first, or will it lure longs to blow out the shorts?