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$LTC USDT — RANGE LONG SETUP (Bullish HTF Bias) 🎯
$LTC is consolidating in a range with a bullish higher timeframe bias. RSI at 58.5 shows there’s still room to run, and this is a classic buy-the-dip opportunity within the range. The setup offers a defined risk with a clear invalidation level.
Trade Plan:
📍 Entry (Limit Long): $71.72
🛑 Stop Loss: $70.68
🎯 Take Profit 1: $72.71 (Close 50% of position)
🚀 Take Profit 2: $73.96 (Close remaining 50%)
Why Long?
· HTF Bias: BULLISH
· Market Regime: RANGE (buy support, sell resistance)
· RSI(14): 58.5 (neutral, not overbought)
· ATR%: 0.94 (moderate volatility)
· Score: 112 (strong setup)
📊 Risk/Reward:
· Risk: ~1.04 points
· Reward to TP1: ~0.99 points (1:0.95)
· Reward to TP2: ~2.24 points (1:2.15)
· Overall R:R ≈ 1:2.15 if both targets hit
⚠️ Note: This is a limit entry — wait for price to come to your level. If you’re entering manually, wait for a bullish confirmation candle at the entry zone. Do not chase.
#LTC #Litecoin #Crypto #BinanceSquare #LongSetup (If you found this setup helpful, smash the 👍 LIKE button and consider leaving a 💡 TIP to support my work!)