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Chibuike_Odoh
Mar 6, 2021 11:34 AM
LITUSDT (LIT) - POTENTIAL BUY ENTRY Β
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BINANCE:LITUSDT
120
LIT / TetherUS
Binance
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β
Mar 6, 2021 11:34 AM
ANALYSIS π
- LITUSDT brokeout above descending trendline resistance.
- Price action is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY β¬οΈ
- Breakout above the ascending triangle's horizontal resistance (R1).
TARGETS π―
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Horizontal resistance level (R4).
SETUP INVALIDATION β
- Breakdown below the ascending triangle's inclined support.
Trend Analysis
Chart Patterns
LIT
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Cryptocurrency
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