LTC Short from Resistance to Support

This is a chart analysis for a potential paper trade short opportunity. I would enter the paper trade after a 4H, 12H, or 24H candle close below the blue resistance box. The target would be the next blue box which has strong horizontal support and confluence with the 0.618 Fibonacci.

LTCUSDT Short

Entry: 58.34-57.27

T1: 57.25
T2: 56.25
T3: 55.25
T4: 54.30

Stop: 59.55

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***This is not financial advice and is not meant to be used for investment/trading.***