Observing Litentry prt 6This kind of price action is very likely only if we manage to consolidate above the tradeline
I've see this in many charts, Monero / USD is one of them
If we do not manage to ride that tradeline we may see some sideways movement to end up like a big cup and handle
There is great support at $9.5 but lets hope BTC or even Binance will not force us to test it
LIT
LIT in ascending channelLIT / USDT
Price move in ascending channel
My buy signal was given when price brokeout trendline at 7$
Now price form similar pattern here
Price should Breakout and enter the channel again so we can put a nice order
Invalidation 🚨: breakdown of (9.4$) can turn price bearish short term
Good luck
LIT/USDT - Doing a purchaseEVERYDAY ALL FREE: Profits Trading Charts: Link IN bio
#LIT/USDT
The price has corrected by 25% - you can make a small set of positions by a small percentage.
If you decide to add more positions, do not overstate the lot. Those out of position - follow your risk management.
My percentage for buying is not higher - 3%
Buy 10.90$
Targets: +30% <
Stop loss 9.75
This Channel is not financial advise, It's My opinion and My observation: @opptrade
❗️❗️❗️Disclamer:❗️❗️❗️
Dear friends, traders.
My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading.
- I do not recommend that you trade AT ALL if you do not know what risk management is, money management.
- I do not recommend that you trade without a STOP LOSS.
- And I'm not responsible for your "make millions of dollars fast" gag
- I am only showing you the charts that suit me for certain positions.
- For each position - RESPONSIBILITY LIES ON YOU.
If you don't use all of the above, your deposit will soon become $ 0
- Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be.
In time, i to bee wrong too, and have a loss.
But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term)
I am only showing you how this or that scenario can work in trading.
For all your actions, only you are responsible.
💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
Observing Litentry prt 5
Hello fellow traders!
I was playing with the log layout and this is what I came up with
At the moment we are in a critical triangle, most likely it won't dump because the overall market is bullish
We need to find some support above the $12.5 and then everything is possible.
If it breaks below our next stop will be at around $10.1 but only for a short shake-of, it will easily return to early 11's
I am neutral for the next hours, in general I remain bullish ;)
Tomorow is the Litentry AMA interview at Binance
Lets see how this will play out
what you think?
Cheers!
LIT BTC LongLIT BTC continue with a nice bullish trend as other defi assets, respecting support and resistance confluent with fibs.
RSI seems bottomed at this timeframe with space to go up.
Notice a couple of deviations from the levels in red.
Looks like a good risk reward ratio long to me, stop could be wider of course due to wicks.
Observing Litentry prt 4Hello fellow traders!
Thank you so much for your lovely comments and appreciation for my charts I really hope they helped you to be inspired and develop your own profitable strategies! :)
It was a wild day for LIT for sure, so volatile to BTC price movements, our bullish momentum to the moon got halted but we will recover ;)
Yesterday I was certain that BTC Dominance will surge and all the alts will bleed heavily that's why I decided to sell my LIT at $14.5 and buy it again at a lower price.
But when I saw some bullish signs I FOMO in and bought it back at $13.7 and that was a big mistake, FOMO is our worst enemy, it creates stupid excuses it bypasses our logic and our well thought strategies.
To improve our skills we need to acknowledge and learn from our mistakes
The most strategic price to bought back LIT after the $14.5 top would be at $12.5, at $12.5 was and still is a great support zone
At the moment we need to regain control at the $12.5 to $14.7 zone and all the micro zones in between and then consolidate with confidence above the $14.5 level, after this a healthy pump to $16.7 is very likely.
All the above are possible only if BTC let us, we need a steady BTC price action, not to disappoint you but BTC is at a critical level...
BTC gets rejected at $50k ? we dump...
BTC surges above $50k ? We also get dumped...
lets face it, BTC close to $50k has all the traders attention.
Always have the BTC dominance chart on when you trade altcoins (Tradeview search ''BTC.D") , also pay attention to BTC price action, trading alts when BTC is at critical levels is tricky
keep fomo and fud under control, as long we are above $12.4 - $12.5 we are at healthy levels but even if we fall below we will recover, buyers are in, Letentry is gaining popularity in social media.
Very bullish for our little gem
Cheers!
i do beleive that lit will get to the 19.70 to 21busd price taG I do believe that lit will get to the 19.70 busd price tag within 1-2 weeks ,,, very bullish in that particular sturdy project ,,, keep an Eye on that project guy I see a 41-53% tradinG opportunity !!
Observing Litentry prt 3Hello fellow traders! :)
Hopefuly you watched my ''Observing LIT prt2'' chart analysis because it played out pretty acouretely, if you did not watch it be sure to check it out!
As I warned you we saw the bull trap forming and we hit the $13.1 almost precisely, the $9.5 level supoted LIT strongly and we bounced back at bullish levels
However, once again we did not mange to establish a price above the white trade line so most likely we will see some price drop at about $10 to 10.4 but even if we go to high $9s dont worry
because most likely the volume will be low and a bullish price reversal will be right on the corner ;)
The good news is the video review that i was telling you at my ''Observing LIT prt 1'' about Litentry from ''Coin Bureau'' it just premiered!
because of that, the price drop is less likely to take place, in contrast is very possible to see LIT spiking to $16.7
New buyers are discovering LIT and after this great video review more will come for sure
BTC price and dominance is a catalist for alt-coins so be aware of that, yesterdays BTC correction tested the stregth of LIT and is prooven to be strong!
Once again, very bullish on LIT
$20+ easily
Be sure to check Guy's video, hes is great
Take care
Cheers! :)
Observing LIT prtIIHey fellows
It happened sooner than I expected, LIT broke through the green line with high volume, and now is trying to be established above the withe line
Purple line is at the level of the old ATH at about $9.5 and it is supporting LIT strong
We can see a ''W'' pattern forming that is very bullish.
If we go even slightly above the new ATH at $11.640 it's very likely that we will see some kind of a bull-trap
There seem to be some heavy wallets that are pushing the price down, let them sell now so they will cry later ;)
If the bull-trap does not play out the next ATH will be at about $14.5 with a possible small stop at $13.1
BTC Dominance is surging so in case of BTC gets rejected at $50k and goes on correction this will push LIT back to test once again the $9.5 level
if BTC rejection is strong then is possible to go even below the $9.5 level but only temporarily
Overall I am bullish for LIT, short term $20 is very possible
take care
Cheers. :)
🔥 LIT Bounce From Support: Future Exponential GrowthIn my previous LIT post I argued that this coin has a bright future ahead. While breaking the $10 resistance took longer than initially anticipated, it has finally done so today.
Furthermore, it seems that LIT is starting to form a bullish channel to trade in. Combine the recent bounce from said channel support with the break of the illustrious $10 resistance, and we have a recipe for potential exponential gains in our hands. Lots of recent ICO's are doing really well lately, I think LIT is just warming up!
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on round numbers, $15 and $20 to be exact. Do your own due diligence.
Happy trading!
Lit is tring to smash that 9.7 resistant and will 3X I mean it'sLit is tring to smash that 9.7 resistant and will 3X I mean it's MY MINIMUM FIRST PERSONNAL TARGET TO COME
Lit is a very promessing recently created project ,,,,, it's so hyped by a lots of trursted well known crypto youtubers.
So difinitely KEEP AN EYE (EVEN THE 2 ON THEM IF POSSIBLE) ON IT
PERSONALLY i'M watching the 21 busd PRICE TAG to sell like 15 % (maximum) OF MY Bag ^^
Observing LitentryWe need to close with volume and confidence above the green line, after that we will test the $9.5 zone and most likely break to new highs around $12 to $15
White line can play a hopefully not so major role as resistance especially if we break above the old time highs
If we break below the red line we may test once again the $6.8 zone, unless BTC does something wild I do not see it breaking below this level anytime soon.
I am very bullish on LIT because its a solid project and Guy from Coin Bureau said he will make a video about it in the following days, this will bring the attention and hopefully the needed volume to the coin,
expect after the video a +100% spike in price.
This coin in bull market conditions like we are now can go way above $20.
Watch out for bull/bear traps, they are happening very often lately
Sometimes just hodling is the best strategy
I will hodl.
You do you
Cheers :)
🆓Litentry/USDT Analysis (12/2) #LIT $LITLIT is forming an Inverse Head & Shoulders pattern on the top to continue pushing LIT prices higher. This pattern can help LIT rise to 11$ zone after conquering 8$ zone
I think this is a good opportunity for LIT as it can drastically increase to $13 or even $20 in a short time.
📈BUY
-Buy: 8-8.4$ if A. SL if B
📉SELL
-Sell: 10.5-11$. SL if A
-Sell: 12.5-13$. SL if A
-Sell: 19-20$. SL if A
♻️BACK-UP
-Sell: 8-8.4$ if B. SL if A
-Buy: 4.7-5$. SL if B
❓Details
Condition A : "If 4H candle closes ABOVE this zone"
Condition B : "If 4H candle closes BELOW this zone"
LIT - LITBTC break. Possible break of the downward wave resistance. Retesting trend, watching for resumption for further accumulation.
Price action looks positive, market sill holding upward trajectory. Up, #X, Breakdown 33% drop although I've seen plenty drift sideways at this stage.
Best, Hard Forky