LIT
LIT has grown by more than 25% in the last 24 hours!LIT has grown by more than 25% in the last 24 hours. The price of this currency was corrected after hitting resistance in the range of 0.93 to 1 dollar. But in the previous few hours, this resistance was broken. The price hitting the range of 1.20 to 1.33 dollars has caused a strong price reaction. But we expect the $1 resistance to having turned into support. In this case, after the pullback to this area, there will be a possibility of breaking the current resistance and further increasing the price to the range of 1.54 to 2.20 dollars.
It should be noted that the price trend in the daily time frame is still in the range, and it is rising in the 4-hour time frame. Therefore, we can consider the price inside an ascending channel. A break of the desired resistance could trigger the next $2 target for buyers.
LIT - AnalysisLIT has seen a growth of over 40% in the last 24 hours. The price of this currency is trading in the range of $0.820 at the time of writing this analysis. Considering the support observed in the range of 0.580 to 0.555 dollars, as well as the downward trend line of this currency has been broken upwards, we expect that after the short-term correction, there will be more support from buyers for the growth of the price of this currency. . A resistance in the range of $1.20 to $1.33 is considered for this currency, which can be a short-term target for buyers. The reaction that can be seen in the candle yesterday was in the resistance range of 0.81 to 0.87 dollars. This range has the potential to be broken by today's 4-hour candles, and the price could hit the first target in the $0.94-$1 range and react negatively. After correction from this range, the specified target of short-term buyers will be available.
LIT CAN MAKE A CORRECTIONIf it reaches the red box, it is suitable for the shorts position. The price difference between spot and futures makes analysis a bit difficult
Potential sells for EURUSD early next weekEU has been bullish the last 3 days but shows signs of a potential reversal.
EU has provided a strong reaction from the daily decisional supply zone.
AMD has formed and we are starting to get a pullback for entries.
Appears like liquidity creation to induce price to come into supply and take out the 15m FVG before reversing.
In terms of HTF EOF, if the 4H low goes, then the 0.96681 low will be targeted next.
DAY 12: #LITUSDT (#LONG)More trading signals and their results, in my channel, link in the description
DAY 12: #LITUSDT (#LONG)
2% of the deposit
Margin: isolated
⚖️Leverage: x10-20
🗝Entry point: 0.575-0.583
🎯target 1 - 0.594
🎯target 2 - 0.610
🎯target 3 - 0.636
🎯target 4 - 0.673
🎯target 5 - 0.720
❌stoploss: 0.551
(PENDING ORDERS - 0.560-0.565 2%)
LIT/BTC uncorrelated uptrend.Compared to most altcoins, LIT is moving with much less correlation, while building higher highs and higher lows. We expect the current support level to hold, and if it will be the case, the uptrend will continue. BTW, a very good RR ratio is offered for buyers right now.
Litentry (LIT) formed bearish Gartley for upto 22% pumpHi dear friends, hope you are well and welcome to the new trade setup of Litentry (LIT) with US Dollar pair.
Previously we had a nice trade of LIT as below:
Now on a 2-hr time frame, LIT has formed a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
LIT clear broke out 30% - 200% increase potential#LIT/USDT
$LIT had a clear break out.
Price can continue its rally toward fib levels.
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Notes related to this analysis :
- The downtrend is breaking
- The downtrend of the rsi line is also breaking
- Also, Macdi is crossing upward
- The price is above MA 20