š 4H
$LTC Trade Update | LTC/USDT | Smart Money POV
In the last 1D TF post, I shared a bullish trade idea ā and price is still hovering above the entry zone, holding strong š. However, in the previous 4H setup, I clearly mentioned the trade for safe traders was done, as I expected a correction phase ā which is now playing out exactly.
š As seen in the latest image, weāre entering the DCA Zone (DCA = Dollar Cost Averaging), marked by a powerful confluence of:
IND (Inducement)
FVG (Fair Value Gap)
OB (Order Block)
ā
This is a high-probability area to build long positions gradually ā especially for those who missed the initial entry.
DCA between $105ā$110
ā ļø BTC Dominance is sitting on support, which could cause a temporary pullback in altcoins, so manage risk accordingly.
š« Ignore the previously shared SL (Stop Loss) zone ā it may be swept if the correction deepens. Focus instead on scaling in within the DCA zone shown on the chart.
š” Zoom out, follow structure, and donāt chase price. Patience = profit.
š Hint: If you want to play it safe, avoid buying in the DCA zone without confirmation ā wait for signs like a bullish CHoCH, a strong bullish engulfing candle, or a clear candlestick reversal pattern before entering.
Remember: Smart entries protect your capital more than perfect entries.
My recommendation: Bullish Choch in 15m TF.
#LTC #Altcoins #SmartMoney #OB #CryptoTrading