LIT / TetherUSPembelian
LIT/USD - Massive ascending triangle formed. Bullish price!
LIT has been consistent in setting higher lows in the last few weeks, forming a very large ascending triangle which is caught within an even larger one if we are to extend the ATH resistance line.
While a simple pattern is not sufficient to be bullish, we also have confirmation on the indicators. MACD on daily is looking very good with a bullish cross four days ago and now we've had a nice re-test of support and continuation. Keep this up and LIT will soon be over $12.
RSI is also climbing higher. The only thing missing here is volume.
Price action is also bullish and once we reach this resistance at $12, I expect LIT to break it and soon after set a new all time high which would take LIT into price discovery, nice.
There is not much room left in this formation, so expect a breakout soon. Bias is very bullish still on LIT.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
While a simple pattern is not sufficient to be bullish, we also have confirmation on the indicators. MACD on daily is looking very good with a bullish cross four days ago and now we've had a nice re-test of support and continuation. Keep this up and LIT will soon be over $12.
RSI is also climbing higher. The only thing missing here is volume.
Price action is also bullish and once we reach this resistance at $12, I expect LIT to break it and soon after set a new all time high which would take LIT into price discovery, nice.
There is not much room left in this formation, so expect a breakout soon. Bias is very bullish still on LIT.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.