LTC is bouncing off the 71.2 level while the 4‑hour chart shows a descending wedge tightening. Momentum is fading as sellers nibble the 73.0 resistance.
🔴 $LTC SHORT 📉
Entry → $48.8811-$48.9789
Stop → $50.3979 (-3.0%)
TP1 → $48.1960 (+1.5%)
TP2 → $46.4835 (+5.0%)
R/R 1:1.7 • Confidence 64%
A change of character broke the higher low, confirming a short bias. CVD is diving, the fair value gap sits right at the break, and an order block lines up with the gap, creating a POI confluence. The structure now shows lower highs, setting the stage for a 1.7 R target.
A 3.0 % stop is relatively tight, so keep leverage at or below 5×.
Take half the position off at the first profit target around 1.5 % move.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$LTC #LTCUSDT #curse #TradingSignals #Write2Earn
🔴 $LTC SHORT 📉
Entry → $48.8811-$48.9789
Stop → $50.3979 (-3.0%)
TP1 → $48.1960 (+1.5%)
TP2 → $46.4835 (+5.0%)
R/R 1:1.7 • Confidence 64%
A change of character broke the higher low, confirming a short bias. CVD is diving, the fair value gap sits right at the break, and an order block lines up with the gap, creating a POI confluence. The structure now shows lower highs, setting the stage for a 1.7 R target.
A 3.0 % stop is relatively tight, so keep leverage at or below 5×.
Take half the position off at the first profit target around 1.5 % move.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$LTC #LTCUSDT #curse #TradingSignals #Write2Earn