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Trade Idea: LTC SHORT

Opened 2026-04-02 01:26:07 · Valid until 2026-04-03 01:26:07 · Triggered 2026-04-02 01:27:01 · Closed 2026-04-02 02:31:01
How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.
SHORT CLOSED RR 1.70 Conf 75% Scalp hours
Entry
53.58000000
Stop
54.10000000
Targets
52.80000000 / 52.40000000 / 52.00000000
Live price
55.04000000
Live ROI
-2.72% vs entry
Idea ID
#10044
Now Entry Stop TP
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Thesis and checks

Scalp opportunity identified on Litecoin (LTC) with confluence across multiple timeframes indicating bearish momentum.

  • 5m chart: Bearish engulfing candle followed by lower lows and lower highs, signaling short-term selling pressure.
  • 15m chart: RSI below 50 and bearish divergence forming, confirming weakening bullish momentum.
  • 1h chart: Price rejected at recent resistance near 54.10 with volume spike, supporting a short entry.
  • Risk-reward ratio above 1.6 with tight stop loss just above resistance and multiple take profit levels near recent support zones.

Trade ideas are educational. Manage risk and position size.