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Trade Idea: LTC SHORT

Opened 2026-01-15 17:20:52 · Valid until 2026-01-16 17:20:52 · Triggered 2026-01-15 18:00:06 · Closed 2026-01-15 22:34:02
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 1.80 Conf 75% Scalp hours
Entry
72.89000000
Stop
74.20000000
Targets
70.80000000 / 69.50000000 / 68.80000000
Live price
71.92000000
Live ROI
1.33% vs entry
Idea ID
#6902
Now Entry Stop TP
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Thesis and checks

Litecoin is showing strong bearish momentum across multiple timeframes, indicating a high-probability short scalp opportunity.

  • 5m & 15m charts: Price is below the 20 EMA with increasing volume on down candles, signaling short-term selling pressure.
  • 1h chart: Confirmed downtrend with lower highs and lower lows; RSI is below 40, reinforcing bearish sentiment.
  • Stop placed just above recent minor resistance at 74.20 to limit risk.
  • Targets set near recent support levels close to current price to ensure quick profit realization within hours.

Trade ideas are educational. Manage risk and position size.