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LTC short at a 95% win rate? This pullback is just getting started.
$LTC /USDT - SHORT the position
Trading plan:
Entry: 45.5 – 45.7
SL: 46.2
TP1: 45.2
TP2: 44.9
TP3: 44.5
Why watch this structure?
- On the 4H timeframe, the EMA is arranged bearishly; on the 15m timeframe, RSI is approaching the overbought zone (61.75), and the rebound lacks strength.
- The 1D trend is clearly bearish; the current 45.6 is a typical sign of a second leg down.
- Why now? Because the 15m RSI rebounded from the lows but has not broken the previous high—bearish momentum is building.
Discussion:
Will this drop hit TP2 at 44.9 first, or will it fake the move and pull back to hit the 46.2 stop-loss?