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🆓Litentry/USDT Analysis (12/2) #LIT $LIT

BINANCE:LITUSDT   LIT / TetherUS
LIT is forming an Inverse Head & Shoulders pattern on the top to continue pushing LIT prices higher. This pattern can help LIT rise to 11$ zone after conquering 8$ zone
I think this is a good opportunity for LIT as it can drastically increase to $13 or even $20 in a short time.

📈BUY
-Buy: 8-8.4$ if A. SL if B

📉SELL
-Sell: 10.5-11$. SL if A
-Sell: 12.5-13$. SL if A
-Sell: 19-20$. SL if A

♻️BACK-UP
-Sell: 8-8.4$ if B. SL if A
-Buy: 4.7-5$. SL if B

❓Details
Condition A : "If 4H candle closes ABOVE this zone"
Condition B : "If 4H candle closes BELOW this zone"
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Comments

Everyday We # LIT
Reply
please elaborate more to understand easily as many can't understand chart pattern.
thank you
Reply
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