$LTC: Bearish Continuation Pattern Confirmed on $LTC Chart Structure
SHORT SETUP LTC
Entry: $55.7200 - $56.2100
Stop Loss: $58.1400
Take Profit: $51.6150 (2R)
Key Levels: Support $55.7200 | Resistance $57.2800
Technical Analysis for $LTC: LTCUSDT favors a short setup as price trades below the 9, 21, and 50 EMAs, confirming a downtrend. The MACD histogram is negative, and RSI at 43.75 indicates bearish momentum without being oversold. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC is bearish on the 4H timeframe, trading below its 20 and 50 EMAs, with market breadth broadly negative at 38.3% green.
SHORT $LTC
SHORT SETUP LTC
Entry: $55.7200 - $56.2100
Stop Loss: $58.1400
Take Profit: $51.6150 (2R)
Key Levels: Support $55.7200 | Resistance $57.2800
Technical Analysis for $LTC: LTCUSDT favors a short setup as price trades below the 9, 21, and 50 EMAs, confirming a downtrend. The MACD histogram is negative, and RSI at 43.75 indicates bearish momentum without being oversold. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC is bearish on the 4H timeframe, trading below its 20 and 50 EMAs, with market breadth broadly negative at 38.3% green.
SHORT $LTC
