LIT SHORT- AND MEDIUM-TERM

١ مايو ٢٠٢٣

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.

QUICK UPDATE ON LITUSDT,

As we can see price is still around a strong support zone and round number 1

Where we will be looking for new longs.

However, for the bulls to kick in we need a break above the marked swing high from a short-term perspective.

Then a further movement higher would be expected.

moreover, for the bulls to remain in control from a medium term we need a break above the upper major swing high.

If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!