LIT has broken the descending wedge, this is no surprise considering that this was a bullish wedge.
With a bit of help from BTC and the overall market pumping, we should get to $5 again where we will meet our first resistance that could push us back, we may also bounce on the major trendline, to be seen.
For now LIT is posed to pump like most of the market, the indicators are bullish and ready for some good up-trend.
Longs are favored and an entry here could net some nice profits.
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