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Chibuike_Odoh
Mar 6, 2021 11:34 AM

LITUSDT (LIT) - POTENTIAL BUY ENTRY  Long

BINANCE:LITUSDT120
LIT / TetherUSBinance

Description

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ANALYSIS 🔎
- LITUSDT brokeout above descending trendline resistance.
- Price action is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.

BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance (R1).

TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Horizontal resistance level (R4).

SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
Trend AnalysisChart PatternsLITLITUSDlitusdtLITBTCCryptocurrencycrypto
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