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Trade Idea: LTC SHORT

Opened 2025-10-17 11:26:02 · Valid until 2025-10-18 11:26:02 · Closed 2025-10-17 15:33:01
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 1.75 Conf 75% Scalp hours
Entry 86.50000000
Stop 88.00000000
TP 85.00000000 / 84.00000000 / 83.00000000
Live 93.74000000
ROI -8.37% (vs entry)

Thesis and checks

The current market conditions for Litecoin (LTC) suggest a short opportunity due to recent bearish momentum.

  • The 5-minute chart shows a strong bearish engulfing candle, indicating selling pressure.
  • The 15-minute RSI is approaching overbought levels, suggesting a potential reversal.

Trade ideas are educational. Manage risk and position size.