LIT/USDT Update: Partnering with Injetive Protocol. 50$ is nextLitentry still did not move since it's listing on Binance.
We now broke out of the purple flag and try to use the yellow line as trampoline.
Litentry still seems the only real contender for Identification along the blockchain industry.
At some point we have to be able to use identification if need be.
Since we are so bullish on LIT we have to put our new target to 50$
But don't hesitate to take partial profit on the way.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
