Trade Idea: LTC SHORT

Opened 2026-04-02 08:51:38 · Valid until 2026-04-03 08:51:38 · Triggered 2026-04-02 08:57:01

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 LIVE RR 1.70 Conf 75% Scalp hours

Entry

52.16000000

Stop

53.00000000

Targets

51.20000000 / 50.60000000 / 50.10000000

Live price

51.50000000

Live ROI

1.27% vs entry

Idea ID

#10063

Now Entry Stop TP

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Thesis and checks

Analyzing Litecoin (LTC) on multiple timeframes reveals a strong short opportunity with good risk-reward.

5m chart: Price shows a clear downtrend with lower highs and lower lows, confirming immediate bearish momentum.
15m chart: Bearish engulfing candle formed near resistance at $52.50, signaling rejection and continuation of the downtrend.
1h chart: Price is below the 20 EMA and 50 EMA, indicating sustained bearish pressure.
Stop placed above recent resistance at $53.00 to limit risk.
Targets set near recent support levels at $51.20, $50.60, and $50.10 to capture quick scalp profits within hours.

Trade ideas are educational. Manage risk and position size.