Poor liquidity on weekends, LTC can easily rise but is hard to sustain. When retail investors chase the rise, it is the time for short positions. As soon as the stagnation signal appears before the resistance level, entering short positions guarantees profit from the decline.
Operation suggestion: Current price of LTC is 113, short positions can be initiated directly, target 104-98. If there is no rebound momentum below the resistance level, shorting directly saves time and realizes profits faster.
