Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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LITUSDT, HOW TO FEEL THE NEXT MOVE!
As we can see price is trading inside this flat rising channel, price rejected our upper bound of the channel and traded lower
Specially after breaking below the marked major swing low
However, as the price will be approaching the lower rising trendline we will be looking for new longs
How?!
As the price will be trading lower, we will be zooming into lower time frame and looking for any bullish reversal
Like what?
Like double bottom, trendline break or any bullish reversal pattern as your trading plan
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!