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LIT

Is a Breakout Imminent for #LITUSDT? Key Levels to WatchYello, Paradisers! Is a breakout imminent for #LIT or not? Let's discuss the latest analysis of #Litentry and see what's happening: 💎After 4-5 months of a slow and steady downtrend, #LITUSDT is now approaching a pivotal moment. The price has bounced off the major demand zone at $0.56 and is currently testing the upper boundary of a Descending Channel. The burning question is—can the bulls keep up the momentum and spark a true rally? 💎To fuel this breakout, #Litentry needs to overcome the internal resistance at $0.84. This level, which acted as strong support twice before, has now turned into a significant barrier. A breakout above $0.84, especially if accompanied by rising trading volume and the 20 EMA, could signal that the bulls are ready to take control and drive prices higher. If this scenario unfolds, prepare for a potential rally toward the next major resistance level. 💎If the bulls struggle to maintain their push, we could see a pullback toward the crucial support zone at $0.567, potentially retesting the breakout point. Failure to hold this level may trigger a slide, with #LIT likely dropping to the $0.435-$0.477 support range. 💎The true risk emerges if the $0.435 support fails. A breakdown here would likely hand control back to the bears, leading to a deeper correction and squashing hopes for a short-term bullish recovery. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
High risk, high reward, bargain hunting "cheap" crypto coinsLets talk about tiny caps. As crypto continues to run, and get more expensive, everyone will be looking for the next big deal, the still cheap crypto to buy as there is less and less options as the market runs up. ----------------------------------------------------------------- We need to discuss marketcap real quick because even though the first major site to service crypto is literally named after crypto market cap, it seems a lot of folks in crypto dont pay attention to it. I see too often some will say oh that asset is $500 each, thats too high, looks like I already missed the boat, but look at this cheap asset for $0.0001 and imagine if I own half a million of those and it goes up to $1, I think this is a common vision for crypto holders. But at the same time that asset for $500 which can be bought in fractions, may have a market cap of $100M while that asset for 0.0001 may already have a marketcap of $50B which makes the asset for .0001 50x more expensive than the asset for $500. Keep in mind the amount of money it takes to get an asset to run from $50M to SEED_TVCODER77_ETHBTCDATA:5B versus the money it would take to move an asset from a SEED_TVCODER77_ETHBTCDATA:5B to $500B (half a trillion dollars), its a lot more fuel needed for that engine. Additionally, if an asset had a $50B market cap already and cost .001 cent and it ran to $1 that means if we took every coin that exists for that crypto, multiplied it by the total coins and it would have a valuation of $50 Trillion dollars, to put it in perspective all USD digital and phsyical in the world right now is worth about $30 Trillion. So the idea that this asset that has almost no real usable purpose other than trading should be worth more money than all the USD's in the word is absolutely absurd. That said, we still see things like XRP that has no traction in getting banks to use a public blockchain for remittance, has a valuation that is more than goldman sachs or HSBC, both which are feature rich banks with dozens of revenue streams beyond remittance and billions in profit every year, which is often shared with sharefolders, none of which XRP has. Its clear XRP is already hugely over priced but crypto populous doesnt seem care about the market cap, they see $1.80 as cheap, they dont see $180B is expensive. That said I would still day trade XRP though i tend to prefer XLm because it runs many times when XRP does but tends to run harder. ----------------------------------------------------------------- Now why did I just talk about all this stuff that hopefully you were already aware of? Back to the point, cheap crypto and the likelihood that more and more people will be looking for it as this market continues to run. So actual cheap crypto is crypto with a low market cap, but I think from a trading aspect, because so many people in crypto do not understand market cap and envision that penny coin going to $1, anything under $1 is likely to perform better. I primarily use Coinbase so this is not exhaustive, I would recommend you check low caps on the exchange you use, but here is a list of low/tiny caps I pulled up yesterday, already had a 70% run on POLS. But there is something you need to be aware of with these low caps, most of them are also low volume. This means you cant just go buy $20k to $100k of these assets at once, you will have a ton of slippage and start off negative right off the bat, the order books and the volume just is not there. So for these assets, you have to slow play acquire them and be prepared for high risk, high volatility and the potential for high reward. A lot of these, like many if not most crypto are kind of, or are, total garbage, but again no one seems to care in crypto, they just want a bargain. Here are a list of low/tiny caps, with cap rate, circulation, cost and avg daily volume right now. Anything with less than MIL:1M daily volume is pretty much un-tradable, once the daily volume is MIL:1M they are somewhat tradable and once it reaches $5M daily volume it starts to become fairly tradable but the price will have already run a bit by then most likely. GYEN - $14M cap 2b circ - 0.006613 each $17k volume SHIPPING GETTEX:18M cap 10B cirv 0.008111 $3m vol LIT $52M cap 100M .94cents - $5M volume (only 50m in circ) BNT $90Mcap 10M circ .75 each 8M volume INV $21M cap , 615k circ, $300k daily volume, $35.81 each 00token (00) $19M cap 1B circ, 1M daily vol Muse $6M cap, 1.58m daily vol, 950k muse, 508k in circ, $13.15 chrono.tech (TIME) GETTEX:17M cap710k circ, $24 each, 228k vol FIS $41M cap 149M .40 each $9M vol ACS GETTEX:68M cap, 88B circ, .0018 price, $1.44M vol MLN GETTEX:48M cap 2.6m supply, EUROTLX:4M daily vol, $18 each GST GETTEX:48M cap 2.36B supply, $12M vol ASM TRADEGATE:56M cap 1.5b circ, 0.03 price, $19m vol FORTA $71m cap 1b circ, .14 price, $7m vol POLS $72M , 100M circ, .68 price, $20M volume (just ran up 70%) Remember these are high risk, generally low quality projects, low volume coins and the play here is trying to get in on the actual cheap coins, before everyone else rushes to do the same. Some or even potentially many could be de-listed which could cause near total loss if you are sitting on one, this is not for those looking for low risk. This is not investment advice, its also one of the higher risk strategies I have pushed, I would urge you to tread lightly here. If you know of assets sub $100M market cap that I missed here, feel free to add it in the comments for others. Happy bargain shopping.
COINBASE:POLSUSDLong
by EncryptShawn
6
[LITUSDT] Easy X2 to take in DecemberHi all, Here is a quick view on Litentry (LIT). LIT is trying to break this trendline (around $1 price). If we do, we could expect a quick rise throughout December up to, in my opinion, the 0.382 fib level. Whole market is bullish right now so it shouldn't be difficult to reach this target. TP areas : ~ $1.25 ~ $1.60 ~ $2 Volume is still low but growing, RSI is getting bullish on the weekly timeframe and MACD as well. Not a financial advice, always do your own research. Good luck! :)
Long
by cryptologyy
LIT is bullish (1D)From where we put the red arrow on the chart, it looks like the LIT correction has started. The correction seems to have been a double correction. An important trigger line has been broken. By maintaining the green range, the syringe can move towards the targets. The targets are marked on the chart. Closing a daily candle below the invalidation level will violate the analysis invalidation level : 0.651 For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
1
LIT Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic. I’ve been sharing insightful charts and analysis for the past seven years. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: LIT is in a downtrend but holds a solid support trendline at $0.55. The recent rebound indicates a potential bullish rally for LIT. In the past, LIT has respected this support trendline and is likely to do so again. The RSI is low, suggesting that bullish momentum may be on the horizon. Key levels: - Primary Support: $0.55. - All-time low: $0.388. - Target: $1.4-$1.6. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
2
LIT potential scenariosLIT 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 toward targets of $0.8 and $0.93. These levels would act as key resistance points, and surpassing them could further strengthen the bullish trend. Continuation of the Downtrend: If LIT fails to break out of the descending wedge, the downtrend might continue. In this scenario, support levels at $0.53 and $0.61 can be crucial for observing market reactions and analyzing the next moves.
by MonoCoinSignal
LTC: big reward📊 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 and surpasses the $84.15 level. - Target Price (TP):** - TP-1:** $96.82 - 💹💰 -Stop loss: 82.80 ⛔ 4. Overall Trend:** - The current trend is in consolidation. If the price can break the $88.00 resistance level, it is likely to move towards the higher target price. - 🚀📈 In summary, consider entering buy trades if the price breaks the $88.00 resistance level and aim for the target price of $96.82. 🔗 "Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡 Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
Long
by ahmadarz
2
LIT ANALYSIS (1D)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 risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Long
by behdark
LIT/USDT Bouncing from the support, get ready for continue UP!💎 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 possibility of retracement back to the support area to gather new momentum for another breakout attempt. 💎 In the event of LIT failing to bounce from the support area, the next potential stop is the demand area. This zone holds significant importance, as a failure to bounce and reclaim the price above the support could lead to further downward movement. 💎 Should LIT break below the demand area, it would confirm a bearish trend, indicating the potential for further price decline.
by MyCryptoParadise_Nathan
1
LIT/USDT Keep an eye on the demand, Potential bounce back to UP!💎 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 resistance area once again. 💎 However, if LIT fails to bounce when it reaches the demand area, and even breaks down below it, it would indicate bearish momentum, with the price potentially targeting the Bullish OB area around 1.035. 💎 When LIT reaches the bullish OB area, it's crucial for it to bounce and resume its upward trajectory. Failure to sustain this area, resulting in a breakdown, could further signal bearish sentiment and lead to continued downward movement for the price.
by MyCryptoParadise
1
LIT's Situation: What Shall we Expect ?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, it will witness good growth. - High potential areas are clear in the chart. - You can look for reasons to enter according to your own personal strategy after approval. -AB=CD ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - DOUBLE BOTTOM - AB=CD Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
LIT/USDT Facing on the key area. Bullish momentum if break!💎 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, the price is likely to face rejection and move downward towards the Bullish OB area. Here, it may find support and attempt another bounce to retest the supply zone. 💎 Should LIT fail to bounce off the Bullish OB or even break down below the demand area, it would indicate a concerning sign as the price could continue its upward movement, ultimately targeting the demand area. 💎 The demand area holds significant importance as a crucial support zone. LIT must bounce off this level and reclaim the price above the demand area. 💎 Failure to do so could lead to further downside momentum, potentially pushing LIT's price even lower. Therefore, a bounce and successful reclaiming of the demand area are essential for maintaining bullish sentiment and preventing further downward movement.
by MyCryptoParadise
1