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LIT is currently at the lower boundary of a descending wedge. This pattern indicates increased selling pressure, but it also shows a gradual reduction in that pressure, suggesting a potential reversal. Potential Scenarios: Breaking Out of the Descending Wedge: If LIT manages to break out of the descending wedge to the upside, it could lead to a price increase...
LITUSDT Technical analysis update LIT's price has formed a triple bottom and is bouncing from this support level on the weekly chart. We can expect a bullish move from the current support zone. Entry Price:$0.65 Stop Loss: $0.40 Reagrds Hexa
LIT Trade Setup. After a confirmed breakout from the green zone, we could take entry at $0.751. Remember stop loss is your friend. Everything is on the chart. Entry $0.715 S.L $0.687 T.P 1 $0.743 T.P 2 $0.788 T.P 3 $0.837
📊 Analysis by AhmadArz: 1. Support and Resistance Levels:** - Support:** Around $82.80. - Resistance:** Approximately $88.00 and $96.82. - 📉🛑 2. Trend Channels:** - Currently, the price is moving within a horizontal range and appears to be awaiting a breakout. - 📈📊 3. Trading Strategy:** - Buy Zone:** Enter buy positions if the price breaks...
LIT seems to have entered a bullish wave C. Considering the weakness of the movement, which we have on the chart, it seems that a median correction is on the way. If a correction is coming, the green area is a good place for buy/long positions. The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis For...
Hello fellow traders! XAUUSD has been on the rise with a MAJOR BREKAOUT and the bull run isn't done. there are two more zones based on the Daily Fib level!!! Checklist: ✔BULLISH TREND ✔SUPERTREND IN BUYERS POSSESION ✔Fib retracement could hit for continuation @ 23.6% ✔4H Time frame 8,459 Pip Analysis
I think EURUSD can be BEARISH down the red zone we can enter to a SELL after the CONFIRMATION. according to drawn TREND.
💎 LIT has recently displayed notable market dynamics. Currently, LIT is rebounding from the support area, exhibiting a strong green candle, suggesting potential upward movement. 💎 To sustain this momentum, LIT needs to surpass the resistance at 1.74 to continue towards our target strong resistance area. 💎 However, if LIT fails to breach the resistance, there's a...
💎 LIT has recently experienced significant market dynamics, encountering a strong rejection in the supply area. 💎 There is potential for LIT to undergo a retest of the demand area around 1.25. A positive sign in the demand, such as a bullish candle rejection, could signal a bounce in price and a return to upward movement, potentially testing the strong...
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There was an opportunity for another entry printed today in the retracement. Today the trade hit 60 pips in profit. The whole move has a chance of making 150+ pips. I'll keep you updated.
#LIT The price is on an upward journey from the support area at the lower border of the bearish flag The price now is 0.850 Its target is the upper border of the falling flag, which represents resistance from which the price may bounce slightly. First target at 1.355 Then the ascent continues For the second goal 2.20 The price now crosses the Moving Average...
Hi. COINEX:LITUSDT ✅Today, I want to analyze LIT for you in a 3D time frame so that we can have a MID-term view of LIT regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️Double bottom is in forming on weekly timeframe. Looking for the retest of the neckline, If the neck breaks,...
💎 LIT has recently shown noteworthy market dynamics, currently encountering resistance at a bearish Order Block (OB) and supply area. 💎 A successful breakout above this supply zone could trigger bullish momentum, probability leading to significant upward movement toward our target strong resistance area. 💎 However, if LIT fails to break out of the supply zone,...
AMEX:LIT 's price chart indicates potential growth. A breakout above the marked blue zone, especially around $0.850, could signal a good entry point. It's essential to use a stop-loss for risk management. Everything is on the chart.
LIT is ready for another pump after re-testing the demand zone RSI bullish divergence