FieryTrading

🔥 LIT Bullish Reversal Trade

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BINANCE:LITUSDT   LIT / TetherUS
LIT has been seeing some tough times as of late. A lot of cryptos are seeing bullish pressure, but it doesn't seem to be the case for LIT. What I do see is that lit seems to have a very strong support at the 6.50 area. This trade is based on a bullish reversal from said are.

Before entering this trade wait for the price to touch the Entry line.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows. Do your own due diligence.

Happy trading!

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