How To Make Money Shorting Crypto in a Bull Market - Example #1: Litecoin (LTC)

By BreakdownFab | DecryptLab | 30 Jan 2025


Though we're still in a bull phase, I mostly make money by shorting. Sounds crazy? Let me explain.

Markets move in waves—big pumps, sharp corrections. Even in an uptrend, there are plenty of opportunities to catch the downside if you know where to look. And for that, I use Vertex on the Sonic blockchain—it’s super easy to use, and you even earn points for the upcoming Sonic airdrop.

Right now, one of the coins I'm trading is Litecoin (LTC). Why?

  • There's hype around a potential LTC ETF 📰
  • But… it’s also a bit overheated on the RSI heatmap 🚨

Here’s my process:
🔹 Step 1: RSI Check – I start with the 4-hour chart. If RSI is too high, the odds of a pullback increase.
🔹 Step 2: Volume Confirmation – Is the buying volume drying up? That’s my signal.

Want to know exactly how I do it? Watch my video below. 🎥👇

How do you rate this article?

7


BreakdownFab
BreakdownFab

Demystifier


DecryptLab
DecryptLab

Demystifying blockchain, AI, and quantum technologies...

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.