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LTC bulls beware: 4-hour bear trap already set
$LTC /USDT - SHORT
Trade Plan:
Entry: 43.32 – 43.50
SL: 44.23
TP1: 42.80
TP2: 42.39
TP3: 41.78
Why focus on this structure?
- 4-hour EMA death cross confirmed, RSI at only 46.37, weak rebound.
- Daily trend clearly bearish, 95% confidence short signal.
- Current price 43.41 is an ideal entry point, TP2 target 42.39, SL only 44.23.
Discussion:
Will it hit TP2 first, or fake a rebound to 44.22 before dropping?