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Trade Idea: LTC SHORT

Opened 2025-09-22 16:47:13 · Valid until 2025-09-23 16:47:13 · Closed 2025-09-23 08:48:01
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 PENDING RR 2.50 Conf 75% Scalp hours
Entry 104.50000000
Stop 106.00000000
TP 103.00000000 / 102.00000000 / 101.00000000
Live 93.72000000
ROI 10.32% (vs entry)

Thesis and checks

The current bearish trend in Litecoin presents a shorting opportunity.

  • 5m Chart: A bearish engulfing pattern 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.