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LTC bulls, be careful—this short-side signal with 95% accuracy is coming
$LTC /USDT - Short SHORT
Trading plan:
Entry: 44.58 – 44.76
SL: 45.58
TP1: 43.99
TP2: 43.54
TP3: 42.86
Why focus on this structure?
- 4-hour EMA bearish alignment, daily trend clearly moving downward
- RSI (15 min) is 54.03; the bounce lacks strength, bears in control
- Current 44.67; TP1 43.99, TP2 43.54, stop loss 45.58
- Why now? 1-hour ATR is only 0.38; low volatility means a high probability of a bearish breakout
Discussion:
Do you think LTC will first hit TP2 or trigger a bull-trap?