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LTC short signals at 95%. Do you dare to catch the flying knife?
$LTC /USDT - SHORT sell
Trading plan:
Entry: 45.6 – 45.8
SL: 46.5
TP1: 45.1
TP2: 44.7
TP3: 44.0
Why focus on this structure?
- The 1D trend is clearly bearish, with 4H level shorts dominating.
- 15-minute RSI is 59.77—not overbought, but 1H RSI at 45.7 is already weak; the rebound lacks strength.
- Enter at 45.7, TP1 45.1 and TP2 44.7, stop-loss at 46.5, reward-to-risk about 2:1.
- Why now? The rebound hits the EMA resistance; short energy hasn’t been released—trade with the trend.
Discussion: