LITUSD on a breakout from triangle pattern. Symmetrical triangles are thought as continuation patterns on a breakout. LIT performed a nice retest of support line (red) and its now heading upward. This should be followed by a bullish move in size of a difference between higher high a lowest low at the beginning of a triangle.
Targets marked in yellow.
Hello everyone, if you like the idea, do not forget to support with a like and follow.
LITUSD is approaching strong support in blue and non-horizontal support in brown so we will be looking for buy setups on lower timeframes.
on M30: LITUSD formed a valid channel in red but it is not ready to go yet. We want the buyers to prove that they are taking over by...
YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can...
YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can...
