LTC is battling a tight range as the market eyes the next macro swing, and the bearish pressure is finally cracking the recent highs. Traders are watching the confluence of structure breaks and volume cues to decide if the downtrend will cement.
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🔴 $LTC SHORT 📉
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📍 Entry Range: $54.2857 – $54.3943
🛑 Stop Loss: $55.9702 (-3.0%)
🎯 TP1: $53.5249 (+1.5%)
🏆 TP2: $51.6230 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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The chart flashed a Change of Character on the 4‑hour, confirming the break of the swing high, while the cumulative volume delta turned sharply negative, backing the move. A fair value gap sits right below the breakout, intersecting an order block that held earlier resistance, creating a POI where both OB and FVG overlap. With the price now near the lower edge of that gap, the short bias feels reinforced.
A 3.0% stop is relatively tight for a 1:1.7 reward, so keep leverage modest, around 2‑3x.
Consider taking half profit at the first target as the price approaches the midpoint of the gap.
Not financial advice — always manage your own risk 🙏
$LTC #LTCUSDT #THORChain #TradingSignals #Write2Earn
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🔴 $LTC SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $54.2857 – $54.3943
🛑 Stop Loss: $55.9702 (-3.0%)
🎯 TP1: $53.5249 (+1.5%)
🏆 TP2: $51.6230 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
━━━━━━━━━━━━━━━━━━━━━
The chart flashed a Change of Character on the 4‑hour, confirming the break of the swing high, while the cumulative volume delta turned sharply negative, backing the move. A fair value gap sits right below the breakout, intersecting an order block that held earlier resistance, creating a POI where both OB and FVG overlap. With the price now near the lower edge of that gap, the short bias feels reinforced.
A 3.0% stop is relatively tight for a 1:1.7 reward, so keep leverage modest, around 2‑3x.
Consider taking half profit at the first target as the price approaches the midpoint of the gap.
Not financial advice — always manage your own risk 🙏
$LTC #LTCUSDT #THORChain #TradingSignals #Write2Earn