Check this chart out guys. LIT broke above the current resistance and is now making it support. If the momentum is maintained, we're looking good to go higher.
MACD is preparing to do a positive cross, RSI is going up and volume was very healthy on this last breakout.
Therefore, continuation is expected which should bring us to at least $12, then $15 again.
On a medium term, I expect LIT to reach $16. Then later push much higher.
Bias remains bullish so long we hold above the support line, so far any time LIT dropped to $10 it was a great buy zone! Unlikely we will get it again.
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MACD is preparing to do a positive cross, RSI is going up and volume was very healthy on this last breakout.
Therefore, continuation is expected which should bring us to at least $12, then $15 again.
On a medium term, I expect LIT to reach $16. Then later push much higher.
Bias remains bullish so long we hold above the support line, so far any time LIT dropped to $10 it was a great buy zone! Unlikely we will get it again.
Like and follow if you liked this idea! Also join my crypto community to stay in touch and watch my TA videos on YouTube!
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