DU09

LIT/USD - LIT preparing to EXPLODE! πŸš€πŸš€πŸš€

Long
BINANCE:LITUSDT   LIT / TetherUS
LIT is doing some nice gains every day, a bit shy, but the trend is very clear and we appear to slowly form a massive ascending triangle!

What I love however are the indicators... MACD on 4h just did a beautiful cross on the positive side these past 24h, RSI is going up... the only thing missing is some nice volume to propel us upwards.

But that will come as soon as we move away from the ATH and break that resistance at $9. When that happens, I expect massive gains in a short period.

Prepare the rocket because we may have some explosive green candles ahead of us. :)

Bias is extremely bullish as long as we maintain the trend/support.

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Comment: See my update

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Comments

thanks again for this! i keep looking back at this chart and so far it has played out exactely as you predicted. any reversal in sight?
+1 Reply
DU09 forsterkrone
@forsterkrone, Will do an update. I think we need to go to like $30 first before we correct more significantly.
Reply
@DU09, I really hope so while at the same time wish I had bought more than I did :)
Reply
I think it will break the resistance at $9
+1 Reply
Been watching this for a couple of weeks and needed to get this informative analysis
+1 Reply
still valid ?
+1 Reply
thank you for sharing!!! 🦐
+1 Reply
I hope so. That becames so exhausting
+1 Reply
nice trad bro
Reply
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