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LTC 4h short signal—are you brave enough to take it?
$LTC /USDT - SHORT
Trading plan:
Entry: 46.53 – 46.75
SL: 47.71
TP1: 45.84
TP2: 45.31
TP3: 44.51
Why focus on this structure?
- 15-minute RSI is only 38; short-term is oversold, but the trend is still bearish, and the 4h direction is clearly SHORT.
- The current price 46.64 is near the entry zone. TP1 targets 45.84, the risk-reward ratio is about 1.8:1, and SL at 47.71 is reasonable.
- The 1D trend is range-bound; the bearish signal score is 55.4, which is a moderately high opportunity—not an extreme setup.
Discussion:
For this short, do you see it hitting TP1 first, or going straight down to TP2? What’s your take?