Here's a quick breakdown of My LITECOIN (LTCUSD) SELL setup:
---
🔻 Trade Idea: SELL LTCUSD
Current Price: $90.25
Resistance: $92.00
Target 1: $86.00
Target 2: $83.00
---
🔍 Technical Interpretation
You're looking to short Litecoin near:
A resistance zone at $92.00, which may have acted as a rejection point in recent sessions.
Downside targets indicate you're expecting a short-term pullback or continuation of a bearish move.
Potential Chart Pattern (Implied):
Possibly a lower high forming near $92.
Could be a bear flag or a failed breakout setup.
---
📊 Risk-Reward Estimate
Assuming:
Stop-loss: $92.50 (just above resistance)
Entry: $90.25
Target 1: $86.00 → Reward = $4.25
Target 2: $83.00 → Reward = $7.25
Risk: $2.25
Target Reward R:R
$86.00 $4.25 ~1.9:1
$83.00 $7.25 ~3.2:1
---
⚠ What to Watch For
Price Reaction at $89.50–90.00: Minor support may form here — need confirmation of breakdown.
Volume Decline on Rallies: Suggests weakening buying power.
Bearish Confirmation Candles: (e.g., shooting star, engulfing) near resistance will strengthen your short bias.
---
Would you like a visual chart with this setup marked or a combined multi-asset crypto short watchlist including BTC & LTC?
---
🔻 Trade Idea: SELL LTCUSD
Current Price: $90.25
Resistance: $92.00
Target 1: $86.00
Target 2: $83.00
---
🔍 Technical Interpretation
You're looking to short Litecoin near:
A resistance zone at $92.00, which may have acted as a rejection point in recent sessions.
Downside targets indicate you're expecting a short-term pullback or continuation of a bearish move.
Potential Chart Pattern (Implied):
Possibly a lower high forming near $92.
Could be a bear flag or a failed breakout setup.
---
📊 Risk-Reward Estimate
Assuming:
Stop-loss: $92.50 (just above resistance)
Entry: $90.25
Target 1: $86.00 → Reward = $4.25
Target 2: $83.00 → Reward = $7.25
Risk: $2.25
Target Reward R:R
$86.00 $4.25 ~1.9:1
$83.00 $7.25 ~3.2:1
---
⚠ What to Watch For
Price Reaction at $89.50–90.00: Minor support may form here — need confirmation of breakdown.
Volume Decline on Rallies: Suggests weakening buying power.
Bearish Confirmation Candles: (e.g., shooting star, engulfing) near resistance will strengthen your short bias.
---
Would you like a visual chart with this setup marked or a combined multi-asset crypto short watchlist including BTC & LTC?
Trade active
trade activeTrade closed: target reached
target successful reached 📲 Join telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📲 Join telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.