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 ist aktiv
trade activeTrade geschlossen: Ziel wurde erreicht
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..
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
📲 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..
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.