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LTC short with 95% win rate, dare you follow?
$LTC /USDT - Short SHORT
Trading Plan:
Entry: 43.91 – 44.07
SL: 44.78
TP1: 43.39
TP2: 43.00
TP3: 42.40
Why focus on this structure?
- 1D trend clearly bearish, 4-hour EMA resistance, RSI on 15-minute only 40.45, weak bounce.
- The current area around $44 is the best entry point, TP1 43.39, TP2 43.00, stop loss 44.78 is very close.
- Why now? Data just refreshed, short momentum not exhausted, low probability of a trap for longs.
Discussion:
Will this wave hit TP2 first, or will it trap longs and rally to stop out?