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Trade Idea: LTC SHORT

Opened 2026-01-13 15:30:50 · Valid until 2026-01-14 15:30:50 · Closed 2026-01-13 16:36:01
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 1.70 Conf 78% Scalp hours
Entry
76.10000000
Stop
76.70000000
Targets
75.50000000 / 75.20000000 / 74.90000000
Live price
74.23000000
Live ROI
2.46% vs entry
Idea ID
#6789
Now Entry Stop TP
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Thesis and checks

Litecoin shows bearish momentum across multiple timeframes, favoring a short scalp trade.

  • 5m chart: Price failed to break above a recent resistance at 76.50, forming a lower high and bearish engulfing candle.
  • 15m chart: RSI is below 50 and declining, confirming short-term weakness.
  • 1h chart: Price is below the 20 EMA and 50 EMA, indicating bearish trend continuation.
  • Stop is placed just above recent resistance to limit risk, while targets are set near recent support levels for quick profit-taking.

Trade ideas are educational. Manage risk and position size.