I'm providing a 4hr chart for a quicker analysis, but the main title remains in effect. Litentry has broken the EMA 100 on the Daily. It is currently riding along the EMA 100 and MA 100 on the 4 hrs.
It is trading in an ascending wedge. Coincidentally the bottom of the channel is the EMA 100 and Ma 100 as you can see from the red and green lines following along.
I would place a buy along the bottom of the channel, and wait for target to 6.5 - 6.7
Currently highly overbought on the 4 hr, so wait for the correction.
It is trading in an ascending wedge. Coincidentally the bottom of the channel is the EMA 100 and Ma 100 as you can see from the red and green lines following along.
I would place a buy along the bottom of the channel, and wait for target to 6.5 - 6.7
Currently highly overbought on the 4 hr, so wait for the correction.