Short $LTC at 48.4?
Price sits below the 4H EMA50 at 50.8. Sellers are still in control here.
The daily is below the EMA200 at 54.9, reinforcing the bearish case. There's 1.5% to the stop and 2.4% to TP3, possible 1.6R if it plays out. BTC is bearish on the short term, adding pressure here.
Entry 48.26–48.38 (short)
Targets 47.89 → 47.60 → 47.17
Invalidation 49.04
Not advice. Your risk.
Price sits below the 4H EMA50 at 50.8. Sellers are still in control here.
The daily is below the EMA200 at 54.9, reinforcing the bearish case. There's 1.5% to the stop and 2.4% to TP3, possible 1.6R if it plays out. BTC is bearish on the short term, adding pressure here.
Entry 48.26–48.38 (short)
Targets 47.89 → 47.60 → 47.17
Invalidation 49.04
Not advice. Your risk.
