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
51.70000000
Live ROI
0.88%
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.