Litentry (LIT)

Jan 21, 2023

On the above 3-day chart price action has corrected over 90% since April 2021. Today is great long opportunity. Why?

1) A strong buy signal prints (not shown).

2) Price action / RSI resistance breakouts.

3) Weekly BTC pair reclaims the 21-week EMA bull market support.


Is it possible price action falls further? Sure.
Is it probable? No.

Ww


Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: $2.15 is the first target

Feb 9, 2023

Trade active

Making good progress structurally speaking, lots of weak hands are flushed out from the candles printing, i.e. the underlying wicks.

Mar 10, 2023

Trade active

on support

Mar 16, 2023

Note

GRM support confirmed

Aug 13, 2023

Trade active

Support confirmed

Nov 11, 2023

Note

Feb 22, 2024

Trade active

Mar 26, 2024

Note

Past resistance confirms support, expect a strong move over the coming weeks.

Feb 1

Note

To da moon...