Litentry (LIT) Breaks Down The Triangle And Found Another Support

Hi friends hope you are well, and welcome to the new update on LIT.

On a weekly time frame, LIT is moving inside a big falling wedge pattern and recently it has been rejected by $1.15 resistance and moving down.

On a daily time frame, LIT has broken down the support of a triangle. Now there is a support of $0.70, and if LIT breaks down this support then it can move more down to test the support of the big wedge, which has been formed on a weekly time period.

For a detailed analysis, you can also watch the video.