LIT
LITUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. The price has reduced its strength and is starting to move downwards, and each time it has failed to defeat its resistance line, it is doomed to fall. For the above goals, if they have this currency, they will make a profit if they reach the top line of the save, and if the line breaks upwards and stabilizes, they will enter the trade for the above goals.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
[LITUSDT] Patience will be paying! End of falling wedge.Hi all!
LIT has been struggling for a good month now since that huge flashcrash 18th of April on all altcoins.
As you can see nevertheless, it stayed in that long accumulation area since its listing on Binance.
Even though volume is still low, I'm still strongly bullish on it for the next few weeks.
You can also notice a strong falling wedge on daily timeframe within this ranging zone.
Fundamentals are really great and LIT is really a one of a kind project in its niche.
With Polkadot's main event around the corner, we can even expect some potential massive news that would fit perfectly with this current bullish chart. A slot on Polkadot's auction would be a great news!
RSI is still very low and MACD's histogram shows a light reversal.
As we are trading under all EMAs on daily TF, we can expect to trade above them if we manage to successfully break this falling wedge by the top.
Dotted line represents a potential resistance we will have to break.
We'll definetely reach the top of that accumulation zone soon (around $13) and then hopefully go for another ATH.
All indicators clearly show we are currently accumulating. And guess why people try to get more of something..? ;-)
This is not an investment advice, always do your own research.
Good luck everyone!
🆓Litentry (LIT) May-15 #LIT $LITThe buying force at 6$ zone showed us the dip of this period is 6$, so we will start accumulating LIT in the range of 6-7$ for target at 9$ and 12$ zone
📈BUY
-Buy: 6.8-7.2$. SL if B
-Buy: 5.85-6.15$. SL if B
📉SELL
-Sell: 8.8-9.2$. SL if A
-Sell: 11.7-12.3$. SL if A
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
LIT USDT about to break out. Low risk / high profitsLIT is about to break out from the strong demand zone. The chart shows little resistance so once the price starts moving up, it will fly! First stop will be $13-$14. I consider this trade as low risk because of the strong demand zone.
Stop loss not needed, exit the trade when a weekly candle closes below the demand zone.
[LITUSDT] 3000% potential long term?!Hi all,
Today I'd like to offer a different view with a comparison of two charts.
I find it interesting to compare both Venus (XVS) and Litentry (LIT) after their listing on Binance.
In my opinion, they formed the same pennant triangle with both a nice W pattern inside on daily timeframes.
Both ranged after their Binance listing for several months and as you can see Venus exploded. Will LIT follow the same path?
Realistic targets would bring us on LIT at $18 (where it was $9 for XVS back then).
Now, as you can see on Venus, it went up to $130 to this day, which would mean LIT with a similar parabolic movement could easily reach $40-100 prices.
Current marketcap for LIT: 170M (so atleast potential *9 to reach XVS's marketcap)
Circulation supply for LIT: 18.3m
Current marketcap for XVS: 1.3B
Circulation supply for XVS: 9.7m
Even though both projects are not direct concurrents, they're both great projects with good improvements for the DeFi ecosystem. Fundamentals are good for both. Litentry (LIT) remains a new project nevertheless and is still at the beginning.
This is absolutely not an investment advice, DYOR.
Keep an eye on LIT as if it follows XVS's breakout we will see a massive growth from its current ATH, around $18.
There are a lot of "if" for this scenario to happen, but with a massive alt rally expected by many in the next couple of weeks, it could become reaLITy.
Good luck everyone! :)
Update: litusdt broken descending channel and tested resistanceHello guys i drawn this chart when the descending channel wasn't broken the arrow is indicating the price action. Now it has broken the descending channel as well as tested resistance so if it stays on support it can bump from here and can break the resistance
Check my previous analysis ⬇️
Hit the like button and follow me for more updates
Thanks
LITUSDT - LITENTRY --> Potential Entry Setup //+60% \\MODERATE TO HIGH RISK SETUP!
LIT is showing very healthy price action, its one of those alts that's been overreacting to btc going up and underreacting to it going down.
Its had some nice touches off 2 FIB levels and there is a very common trend line where LIT loves to come down and ounce off. Usually when it hits it, it doesn't come down much further.
BUT!
BTC is far from out of the woods, it could easily dip 4%, which could bring LIT down 12% and below the dotted trend line i have marked. Time your entry with where BTC bounces... if it comes down. This is what makes it a difficult entry. Set your buy limit greedily and live with the fact you may not get it. By greedily i mean set it low.
-=-=-=-=-=-=-
LIT TRADE
-=-=-=-=-=-=-
BUY: 7.9
TARGET: 12.9
STOP: 5% below your BUY
-=-=-=-=-=-=-
I love Litentry. One of, if not the only, project dealing with identity authentication in crypto, which is a side to transactions/defi/exchanges that is desperately needing a solution for. I love its price, i like its tokenomics, its team is very active. I think this is a fantastic price to be buying LIT and looking back at LIT price action, when it reaches this zone of price, it VERY often goes up 50%.
--==--==--==----==--==--==--
Fundamentals
--==--==--==--
Rank #305
Market Cap = $157,704,482
Decentralized identity authentication
Total Supply = 100,000,000
--==--==--==----==--==--==--
[LITUSDT] 50% short termHi all.
LIT is bullish short, middle and long terms.
Here on 4H TF we can clearly see a falling wedge being formed.
RSI and MACD both bullish we Bollinger band's showing a reversal.
Easy 50% to take in the next few days in my opinion.
Refer to my previous LIT chart.
This is not a financial advice, DYOR.
Good luck everyone!
🆓Litentry/USDT Analysis (24/4) #LIT $LITLIT has lost the 8$ zone and the selling force is still increasing so the main trend is still heading to 5$ zone. LIT will be good to buy only if it conquers the 8$ zone successful.
📈BUY
-Buy: 4.8-5.2$. SL B
📉SELL
-Sell: 7.8-8.2$. SL A
-Sell: 9.7-10.3$. SL A
-Sell: 11.7-12.3$. SL A
♻️BACK-UP
-Buy: 7.8-8.2$ if A. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
[LITUSDT] Easiest 100% to takeHi all,
Everything is on the chart.
Pennant triangle formed on daily TF with huge downtrend for the last couple of days.
If it bounces back on that trend and if it breaks that triangle by the top, we can expect it to go higher, between 12 and 15 USD.
This is not an investment advice, DYOR.
Good luck!
🔥 CAKE Bull Flag Beak OutAfter seeing incredible returns a few weeks ago, CAKE has been trading inside a downward channel for around a week now. With the market being exceptionally bullish right now, investors saw their chance to start buying CAKE again and push it through the channel. This signal assumes that the break out will continue with a new ATH in the near future.
Happy trading!
$LIT/USDT 8h (Binance Fut.) Symmetrical triangle break & retestLitentry broke bullish and is pulling back, let's enter on triangle and 50MA retest.
Current Price= 11.512
Buy Entry = 11.044 - 10.460
Take Profit= 14.290 | 16.988 | 20.567
Stop Loss= 8.983
Risk/Reward= 1:2 | 1:3.53 | 1:5.55
Expected Profit= +32.91% | +58.00% | +91.29%
Possible Loss= -16.45%
Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 1x
Estimated Gain-time= 1 month