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AlanSantana
Feb 17, 2024 4:28 PM

✳️ Litentry Early, Bulls Confirmed (180% Followed by 333.3%) Long

LIT / BitcoinBinance

Description

So many bullish signals, strong ones while it is still very early... Let's analyze this chart together.

I hope you are having a wonderful Saturday and if you are reading this most likely you are... Thanks for the support.

➖ Litentry (LITBTC) on the daily timeframe is showing a strong combination of signals that I like: Bottom pattern (A&E), break above EMA50, rising volume, strong RSI, full green candle and trading above its June 2023 low/support.

We don't need to go any further, everything is pointing up.

Confirmation is already in yet we are still early.

Reversal can happen but is low probability... Let me explain!

For example: If Bitcoin performs a strong drop, this can cause the entire market to drop but pairs like this one and many others would recover within days, while those that already moved up strong would proceed to produce a corrective phase.

I hope you find this information useful.
I am rooting for you... You can do this.
Together, we can all achieve success.

Namaste.
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