Technical analysis by cryptologyy about Symbol LIT: Buy recommendation (11/30/2024)
https://sahmeto.com/message/3016579

cryptologyy
Rank: 27456
Analytical Power:
1.4

Hi all,Here is a quick view on Litentry (LIT).LIT is trying to break this trendline (around $1 price). If we do, we could expect a quick rise throughout December up to, in my opinion, the 0.382 fib level.Whole market is bullish right now so it shouldn't be difficult to reach this target.TP areas : ~ $1.25~ $1.60~ $2Volume is still low but growing, RSI is getting bullish on the weekly timeframe and MACD as well.Not a financial advice, always do your own research.Good luck! :)
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Signal Type: Buy
Time Frame:
1 weekProfit Target:
$2First Resistance:
$1.23Price at Publish Time:
$0.99376