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LTC short signal is out—what are you waiting for?
$LTC /USDT - SHORT to go short
Trading Plan:
Entry: 47.46 – 47.64
SL: 48.42
TP1: 46.90
TP2: 46.46
TP3: 45.80
Why focus on this setup?
- 4H direction: SHORT, confidence 55.4%, supported by EMA/RSI data for a short-term pullback.
- Current price 47.55, near the entry zone (47.46–47.64). RSI on 15M is 60.45—not overbought, but showing signs of fatigue.
- The 1D trend is ranging, but the bearish targets are clear: TP1 46.90, TP2 46.46, stop loss 48.42.
- Why now? The entry point is already here—just wait for confirmation to execute. Missing it may lead to chasing higher.
Discussion:
Will this short reach TP2 first, or is it a bait-a-long that rebounds? Leave your thoughts!