Hopefuly you watched my ''Observing LIT prt2'' chart analysis because it played out pretty acouretely, if you did not watch it be sure to check it out!
As I warned you we saw the bull trap forming and we hit the $13.1 almost precisely, the $9.5 level supoted LIT strongly and we bounced back at bullish levels
However, once again we did not mange to establish a price above the white trade line so most likely we will see some price drop at about $10 to 10.4 but even if we go to high 9s dont worry because most likely the volume will be low and a bullish price reversal will be right on the corner ;)
The good news is the video review that i was telling you at my ''Observing LIT prt 1'' about Litentry from ''Coin Bureau'' it just premiered! because of that, the price drop is less likely to take place, in contrast is very possible to see LIT spiking to $16.7
New buyers are discovering LIT and after this great video review more will come for sure
BTC price and dominance is a catalist for alt-coins so be aware of that, yesterdays BTC correction tested the stregth of LIT and is prooven to be strong!