LTC is wrestling below the 80‑day EMA, hovering around 85 after a sharp pullback. The recent drop has left the market structure open for a short swing.
🔴 $LTC SHORT 📉 — Trade Plan
• Entry: $52.7972 – $52.9028
• Stop: $54.4355 (-3.0%)
• Target 1: $52.0573 (+1.5%)
• Target 2: $50.2075 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market broke its recent higher low (CHoCH) and the cumulative volume delta turned bearish, confirming the down move. A fair‑value gap sits right above the breakout, overlapping an order block that acted as a liquidity sweep, creating a strong POI. All these confluences line up for a short bias.
A 3 % stop equals roughly 2.55 on an 85 entry, which is tight enough for a 5× leverage position without blowing more than 12 % of the account.
Scale out half at the first target near 92.
Not financial advice — always manage your own risk 🙏
$LTC #LTCUSDT #THORChain #TradingSignals #Write2Earn
🔴 $LTC SHORT 📉 — Trade Plan
• Entry: $52.7972 – $52.9028
• Stop: $54.4355 (-3.0%)
• Target 1: $52.0573 (+1.5%)
• Target 2: $50.2075 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market broke its recent higher low (CHoCH) and the cumulative volume delta turned bearish, confirming the down move. A fair‑value gap sits right above the breakout, overlapping an order block that acted as a liquidity sweep, creating a strong POI. All these confluences line up for a short bias.
A 3 % stop equals roughly 2.55 on an 85 entry, which is tight enough for a 5× leverage position without blowing more than 12 % of the account.
Scale out half at the first target near 92.
Not financial advice — always manage your own risk 🙏
$LTC #LTCUSDT #THORChain #TradingSignals #Write2Earn