$LIT ran +10% in 24h, tagged $3.99 and got sold.
Now ~$3.74, sitting right on the $3.68–3.74 shelf (today's lows + daily EMA50).
The fuel: Lighter says it plans to file for a US CFTC license in November. Plan, not approval. BTC/ETH binary options went live Oct 19.
Not chasing the wick. Testing the shelf.
Bid $3.68–3.74 (small)
Add $3.44–3.49 (Oct 21 breakout base)
TP1 $3.92–3.99 (trim) · TP2 $4.07–4.14
Out: 4H close below $3.43
From bid mid: ~0.7–1.0R TP1 / ~1.2–1.5R TP2. With the add filled: ~2.0–2.4R / ~2.9–3.3R.
Wilder RSI 1D ~53 / 4H ~68. Daily has room, 4H is hot.
NFA. DYOR.
Now ~$3.74, sitting right on the $3.68–3.74 shelf (today's lows + daily EMA50).
The fuel: Lighter says it plans to file for a US CFTC license in November. Plan, not approval. BTC/ETH binary options went live Oct 19.
Not chasing the wick. Testing the shelf.
Bid $3.68–3.74 (small)
Add $3.44–3.49 (Oct 21 breakout base)
TP1 $3.92–3.99 (trim) · TP2 $4.07–4.14
Out: 4H close below $3.43
From bid mid: ~0.7–1.0R TP1 / ~1.2–1.5R TP2. With the add filled: ~2.0–2.4R / ~2.9–3.3R.
Wilder RSI 1D ~53 / 4H ~68. Daily has room, 4H is hot.
NFA. DYOR.