DGminer

Observing Litentry

Long
BINANCE:LITUSDT   LIT / TetherUS
We need to close with volume and confidence above the green line, after that we will test the $9.5 zone and most likely break to new highs around $12 to $15
White line can play a hopefully not so major role as resistance especially if we break above the old time highs

If we break below the red line we may test once again the $6.8 zone, unless BTC does something wild I do not see it breaking below this level anytime soon.

I am very bullish on LIT because its a solid project and Guy from Coin Bureau said he will make a video about it in the following days, this will bring the attention and hopefully the needed volume to the coin,
expect after the video a +100% spike in price.

This coin in bull market conditions like we are now can go way above $20.
Watch out for bull/bear traps, they are happening very often lately
Sometimes just hodling is the best strategy

I will hodl.
You do you

Cheers :)
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