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Trade Idea: LTC SHORT

Opened 2025-10-11 20:36:00 · Valid until 2025-10-12 20:36:00 · Closed 2025-10-11 21:23:01 · Triggered 2025-10-11 20:39:01
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 92.50000000
Stop 93.50000000
TP 90.00000000 / 88.50000000 / 87.00000000
Live 93.72000000
ROI -1.32% (vs entry)

Thesis and checks

The current market sentiment for Litecoin shows a significant downward trend, making a short position favorable.

  • 5m Chart: A bearish engulfing candle has formed, indicating strong selling pressure.
  • 15m Chart: The RSI is showing overbought conditions, suggesting a potential reversal.

Trade ideas are educational. Manage risk and position size.