LTC Just Got Rejected at 75 Again đ
This does not feel like strength to me. Two hits at resistance and sellers are still there, so I want proof before I pick a side.
đ„ Why I am watching
- Potential double top is on the chart.
- 75 got rejected twice.
- Momentum is starting to fade.
đ The part that matters
- Neckline support is the line bulls cannot lose.
- If it breaks, bears take the next swing.
- If price punches back through 75, the bearish pattern is done.
đŻ My trade idea
- Bias: Short only after confirmation
- Trigger: breakdown below the neckline
- Target: measured move toward 62 if sellers follow through
- Invalidation: reclaim of the 75 resistance zone
- Confidence: 61 percent, and only after the break
⥠Utility angle
Fast chart setups like LTC can flip in one session when a pattern fails. ST0Nfi is not that kind of trade because it represents staking and protocol participation instead of a short-term rejection play.
That participation path is connected with longer ecosystem involvement rather than a double-top trigger. I keep that angle next to LTC because the chart needs confirmation while protocol participation follows a slower clock.
Would you fade this now or wait for the break? đ
Tell me where you would place invalidation.
Not investment advice - research on your own! đ
$LTC
This does not feel like strength to me. Two hits at resistance and sellers are still there, so I want proof before I pick a side.
đ„ Why I am watching
- Potential double top is on the chart.
- 75 got rejected twice.
- Momentum is starting to fade.
đ The part that matters
- Neckline support is the line bulls cannot lose.
- If it breaks, bears take the next swing.
- If price punches back through 75, the bearish pattern is done.
đŻ My trade idea
- Bias: Short only after confirmation
- Trigger: breakdown below the neckline
- Target: measured move toward 62 if sellers follow through
- Invalidation: reclaim of the 75 resistance zone
- Confidence: 61 percent, and only after the break
⥠Utility angle
Fast chart setups like LTC can flip in one session when a pattern fails. ST0Nfi is not that kind of trade because it represents staking and protocol participation instead of a short-term rejection play.
That participation path is connected with longer ecosystem involvement rather than a double-top trigger. I keep that angle next to LTC because the chart needs confirmation while protocol participation follows a slower clock.
Would you fade this now or wait for the break? đ
Tell me where you would place invalidation.
Not investment advice - research on your own! đ
$LTC
