SistineResearch

This Altcoin is LIT!

Long
BINANCE:LITUSDT   LIT / TetherUS
Stepping out of my comfort zone and doing some technical analysis on a coin that has only been trading live for a few days: Litentry (LIT). Using our margin buying support levels, we can predict a 2x move up to $14 from the most recent support level of $7.00. Entering this trade on 2x isolated margin under $8 is ideal, because it places your stop loss below $4.11, which should act as support in the case of a dip.

Disclaimer: *not financial advice, this is just an exercise on my part - I am not entering this trade myself.

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