Who got
$LTC ??? let's buy/sell it according to the buy/sell zones mentioned here.
$LTC /USDT Short Trade Signal: Bearish Momentum Resumes
*Trade Setup*
- *Short Entry Zone:* $88.50 - $89.50
- *Targets:*
- *TP1:* $87.00
- *TP2:* $85.50
- *TP3:* $84.00
- *Stop Loss:* $90.00
*Key Levels*
- *Resistance:* $89.50 - $90.00 (strong rejection zone)
- *Support 1:* $87.00 (initial profit-taking area)
- *Support 2:* $85.50 (stronger demand zone)
- *Support 3:* $84.00 (major downside target)
*Market Insights*
- *Relief Bounce:* LTC/USDT has bounced off local lows but is facing resistance near $89.00, indicating possible rejection.
- *Bearish Momentum:* The previous downtrend suggests bearish momentum could resume after this relief bounce.
- *RSI Overbought Conditions:* RSI may indicate overbought conditions on lower timeframes, signaling a potential reversal.
*Risk Management*
- *Position Sizing:* Manage position size to limit potential losses to 2-3% of the trading account.
- *Risk-Reward Ratio:* Aim for a risk-reward ratio of 1:2 or higher to ensure potential profits outweigh potential losses.
- *Stop-Loss:* Stick to your stop-loss and avoid over-leveraging.
*Trade Plan Scenarios*
- *Bearish Scenario:* LTC/USDT breaks below $84.00, targeting $82.50 and lower.
- *Bullish Scenario:* LTC/USDT breaks above $90.00, targeting $92.00 and higher.
Click here
$LTC or click on the chart to sell.
Advice/Tips*
- If price struggles to break below $87.00, consider partial profits or a trailing stop-loss to lock in gains.
- Monitor sell volume, as increasing volume may confirm further downside movement.
- Keep an eye on RSI and other technical indicators for signs of oversold conditions.
I would highly encourage you to start your trade(buy/sell LTC) from my post, simply hitting here. →
$LTC If you want a trade plan of your desired coin, write it in the comments below. I will post its trade strategy .
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