The 4-hour candlestick chart sets up a LONG position with 95% confidence at $LIT /USDT — but the daily trend is still range-bound.
$LIT - LONG
Trading plan:
Entry: 1.1818 – 1.1914
SL: 1.1406
TP1: 1.2211
TP2: 1.2441
TP3: 1.2786
Why these settings?
Why now? The 15-minute RSI is at 62.5, not in overbought territory, and the 1-hour ATR at 0.041 indicates reduced volatility. The entry zone of 1.1818–1.1914 targets TP1 at 1.2211 (+2.9%) before TP2 at 1.2441. The currently constrained daily trend actually favors shorting.
Discussion:
Will you take the entry at 1.1866 or wait for a retest at 1.1818?#SECApprovesBitcoinIndexOptionsNasdaq #BitdeerZeroNetBitcoinHoldings #BitmineIncludedInRussell3000 #BankOfAmericaDiscloses53MCryptoETF #BinanceSquareFamily
$LIT - LONG
Trading plan:
Entry: 1.1818 – 1.1914
SL: 1.1406
TP1: 1.2211
TP2: 1.2441
TP3: 1.2786
Why these settings?
Why now? The 15-minute RSI is at 62.5, not in overbought territory, and the 1-hour ATR at 0.041 indicates reduced volatility. The entry zone of 1.1818–1.1914 targets TP1 at 1.2211 (+2.9%) before TP2 at 1.2441. The currently constrained daily trend actually favors shorting.
Discussion:
Will you take the entry at 1.1866 or wait for a retest at 1.1818?#SECApprovesBitcoinIndexOptionsNasdaq #BitdeerZeroNetBitcoinHoldings #BitmineIncludedInRussell3000 #BankOfAmericaDiscloses53MCryptoETF #BinanceSquareFamily