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Trade Idea: LTC SHORT

Opened 2025-12-31 16:50:59 · Valid until 2026-01-01 16:50:59 · Triggered 2025-12-31 17:47:01 · Closed 2026-01-01 01:55:02
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 2.00 Conf 75% Scalp hours
Entry
76.50000000
Stop
77.50000000
Targets
75.50000000 / 75.00000000 / 74.50000000
Live price
74.47000000
Live ROI
2.65% vs entry
Idea ID
#6287
Now Entry Stop TP
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Thesis and checks

The current market conditions for Litecoin (LTC) suggest a short opportunity based on recent price action and technical indicators.

  • Bearish Divergence: On the 1-hour chart, we observe a bearish divergence where price makes higher highs while the RSI shows lower highs, indicating weakening momentum.
  • Resistance Level: The 77.00 level has acted as a strong resistance in the past, and the current price is approaching this level, providing a good entry point for a short position.

Trade ideas are educational. Manage risk and position size.