LIT/USDT Recovery signs with 2.5x potential

1 giu 2021

Litentry as identity provider has to have a bright future within the crypto space where some transaction have to be verified with KYC.
Currently we look for a breakout of the downwards channel.
Once we pull this off we expect a nice recovery.


News:
LIT was added to Binance flexbible savings.
Partnership with Imeplatform and Decredit




Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place

Enjoy the ride and don't be too greedy.
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Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers

ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.