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LIT

LIT/USDT Crucial moment. It Required break for switch to Bullish💎 LIT has become a notable entity in the market, currently confronting a significant supply area within a rising wedge pattern. Historically, LIT has encountered this supply zone twice and faced substantial rejections each time. This zone is pivotal; a successful breakout by LIT could signal a shift to a bullish trend in the mid-term and the probability of the next stop is on our target major supply area. 💎 However, should LIT fail to overcome this supply barrier and faces another sharp rejection, it might lead to a downward movement, bringing it back to test the support trendline of the Rising wedge pattern. At this juncture, LIT's ability to bounce back is crucial. Failing to do so could result in a breakdown of the rising wedge pattern and a subsequent move towards the demand area. 💎 The demand zone is critical for LIT's trajectory. While the area has historically been strong enough to support LIT, a failure to bounce back, combined with weak volume and only consolidation over a few days, could indicate a potential breakdown. If this occurs, LIT may revert to a bearish trend and move towards the strong support area.
by MyCryptoParadise
LIT/USDT Ready for a Bull Rally? 👀🚀LIT Analysis 💎 Paradisers, focus your attention on LITUSDT, which is currently showing a significant setup in the demand zone, further reinforced by a recent Market Structure Shift (MSS). This situation indicates a high probability for a bullish trend. 💎 When examining LIT's pattern, Litentry has a consistent history of breaking above its descending trendline, a strong indicator of potential upward movements. Presently, it's approaching a key Bearish Order Block (OB) challenge, with ongoing strength above the EMA100, directing towards supply targets at $1.42. 💎 However, given the ever-changing nature of the crypto market, it's vital for LIT traders to be ready for various scenarios. Should the anticipated bullish breakout not occur, shifting to a rebound strategy from the support level at $0.81 will be key. 💎 A decline below this support level would call for a reassessment of strategies, signifying the need to reevaluate the bullish perspective and modify trading strategies to suit new market trends. 💎 Stay focused and strategically adept, Paradisers. Your ParadiseTeam is committed to providing in-depth analysis and strategic guidance, helping you make informed trading decisions in these dynamic market conditions.
Long
by MyCryptoParadise_Simon
1
LITUSDT| We are trying to place buy orders in advanceHello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ The coin looks as if the correction will continue, I have identified several areas of interest for myself, I will try to buy it from below. Deal plan: Entry - 0.738/0.705$ Stop - $0.670 Take - 870$ Guys, be careful, the coin can show high volatility, if an upward movement occurs without correction to the marked zones, do not try to fly into a rocket along the way, this can be dangerous for your deposit!
Long
by DanilBlinkov
LIT/USDT Breaks Bull Pennant what next? 👀 LIT Today Analysis💎Paradisers! Brace yourselves for a splendid opportunity with LITUSDT! We've observed it breaking the bull pennant and, after a pullback, it’s gearing up for a bullish move. 💎 In our previous observations, LIT formed a commendable inverse head and shoulder pattern, paving the way for a bullish trajectory. We are foreseeing two possible scenarios: one where it continues its bullish journey from 0.671$ and the second one initiates from the pennant resistance which is now acting as support. 💎 Another key observation is the role of VRVP, which is also acting as support, reinforcing the bullish trajectory. However, if the pennant resistance breaks, the price may experience a downward continuation. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!
Long
by MyCryptoParadise
1
Major updates of Litecoin halving !!Hello friends, welcome to this Litecoin update from Crypto Sanders. Chart Analysis:- Litecoin (LTC) has already experienced several halving events. Litecoin halving events occur approximately every four years, similar to Bitcoin, and they are designed to halve the block reward for miners. First halving: occurred on August 25, 2015 – Block reward reduced from 50 LTC to 25 LTC. Second halving: occurred on August 5, 2019 – Block reward reduced from 25 LTC to 12.5 LTC. Third Halving: Occurred on August 6, 2023 – Block reward reduced from 12.5 LTC to 6.25 LTC. (This event is estimated based on a four-year half cycle.) For the latest information on Litecoin halving events and its current status, I recommend checking a reliable cryptocurrency news source or the official Litecoin website. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Consider following me for the latest updates and long/short calls on almost every exchange. I also post short mid and long-term trade setups. Thank you.
BITFINEX:LTCUSDLong
by CryptoSanders9563
2