Trade Idea: LTC SHORT

Opened 2025-10-11 06:26:09 · Valid until 2025-10-12 06:26:09 · Closed 2025-10-11 19:37:01 · Triggered 2025-10-11 06:58:01

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 2.50 Conf 75% Scalp hours

Entry 99.51000000

Stop 102.00000000

TP 95.00000000 / 92.00000000 / 90.00000000

Live 93.68000000

ROI 5.86% (vs entry)

Thesis and checks

Given the significant 24h change of -24.2286%, Litecoin is showing strong bearish momentum. The following technical signals support a short position:

5m Chart: A bearish engulfing pattern has formed, indicating selling pressure.
15m Chart: The RSI is below 30, suggesting that the asset is oversold and may continue to decline before a potential bounce.

Trade ideas are educational. Manage risk and position size.