LIT/USD - On support, expect higher levels.

LIT has found good support just under $9 as represented by this massive ascending triangle in blue. This daily candle is a bullish engulfing one at the time of this post. Provided BTC does not decide to crash, we can see some nice continuation on LIT price.

Key levels are on the chart. I do expect LIT to eventually re-test it's current ATH and push higher. Volatility on this coin has been rather high, but this is expected for any new coins in crypto, so do not panic when that happens.

Our next key resistance levels are found at $10 and $12. After that, ATH is next. Support holding well at $9 so far. As long as we are above $9 bias remains bullish. We're also curving nicely on 4h so we should have continuation up. But watch BTC.

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