LIT
LIT USDT IdeaThis Huge pattern is about to break out after 2 months!
I put the possible targets on the chart only if breakout confirm
so keep an eye on it and wait for the confirmation : )
🔥 LIT Symmetric Triangle Break OutAfter a long period of consolidation, LIT has finally managed to regain its strength and break out of the triangle. The break out happened during a very strong H4 bar of more than +9%. A break out like this is often the signal for a strong shift in trend.
Target would be the current ATH.
Happy trading!
LITUSDT (LITENTRY) - POSSIBLE PRICE ACTIONS ANALYSIS 🔎
- LITUSDT is consolidating in a symmetrical triangle (ST) pattern .
- A relatively big move is imminent.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend ⬆️: horizontal resistance levels (R1, R2).
- Downtrend ⬇️: horizontal support levels (S1, S2).
LITUSDTEasy trade - after break out the MA we can go in.
LIT will go probably higher then 12, but 20% is good profit without lvr. If you want you can sell part od LIT on 12 usd and try to take rest of profit around 15 usd. You SL can be placed to 11,5 and you can´t lose your money.
Danger: BTC - if will go up or down fast, alts will be blocked by domininantion of BTC.
LITUSDT Symmetric Triangle formation#LITUSDT (Day Chart) Technical Analysis Update
Waiting for the symmetric triangle breakout
LIT/USDT currently trading at $9.97
Buy-level: Above 11.20 (only buy if 1 day candle closes above the triangle)
Stop loss: We will update once we see the breakout
Target 1: $12.45
Target 2: $14.65
Target 3: $18.40
Target 4: $20.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Closing (IRA): LIT April 16th 54 Short Put... for .17/contract.
Notes: In for 1.20, out for .17/contract here; 1.03 ($103) profit per contract.
My own Analysis DYOR LITUSDT (litentry)This is Purely My Own idea. 18.8 usdt is the mid term Target for Me. I will book my partial profits in every upcoming opportunity.
🔥 LIT Triangle ContinuationLIT has been forming a big triangle symmetric triangle over the last month. With last night's minor dump, now would be a good time to step in and trade the bullish wave towards the triangle resistance line.
In case bullish sentiment persists, the triangle could be broken on the upper side and LIT could potentially target the current all time high.
Happy trading!
💡 LIT/USDT💡 Hello everyone, if you like my idea, follow me with likes and comments, I will also try to share the best ideas with you, Always do your own research before opening positions and always put stop limit.
LIT idea and AnalysisA young coin! Here you see targets in orange short lines and buy/danger zone in the green zone. So I believe we have to put stop-loss bellow the green zone even though you want to buy it cheaper.
Lition Crypto and 38% profit potentialAs you can see in the 12-hour chart and time frame, it has good potential to reach the second target. Do not forget capital management. Good luck .
LITUSD - Wait For The Trigger!Hello everyone, if you like the idea, do not forget to support with a like and follow.
LITUSD is approaching strong support in blue and non-horizontal support in brown so we will be looking for buy setups on lower timeframes.
on M30: LITUSD formed a valid channel in red but it is not ready to go yet. We want the buyers to prove that they are taking over by breaking above the last high (projection in purple)
Trigger => Waiting for a momentum candle close above the last high (gray zone)
Until the buy is activated, LITUSD would be overall bearish and can still trade lower.
Good luck!
~Rich
The Week Ahead: MJ, ICLN, LIT, QQQOptions Highly Liquid Exchange-Traded Funds Ranked by 30-Day Implied Volatility:
MJ (39/75) (Cannabis)
ICLN (10/56) (Clean Energy)
LIT (36/47) (Battery)
JETS (2/46) (Airlines)
EWZ (5/43) (Brazil)
XBI (29/43) (Biotech)
XLE (8/42) (Energy)
SMH (28/41) (Semiconductor)
KRE (8/40) (Regional Banks)
SLV (10/38) (Silver)
Broad Market Exchange-Traded Funds Ranked by 30-Day Implied Volatility:
QQQ (13/30) (Nasdaq)
IWM (6/30) (Russell 2000)
SPY (3/20) (S&P 500)
DIA (1/19) (Dow Jones)
EFA (3/16) (MSCI ex. Canada/U.S.)
There isn't a May 7th weekly yet for my standard 45 day 16 delta short put, but will look at putting that on once it becomes available. Naturally, the implied volatility picture may have changed at that point; small caps have had the most implied volatility for several weeks running.
Bond Funds:
TLT (21/22) (20 Year+ Treasuries) (Yield 1.66%)
EMB (11/14) (Emerging Market) (Yield 3.97%)
HYG (12/12) (High Yield Corporate/Junk) (Yield 4.79%)
AGG (37/11) (U.S. Aggregate) (Yield 2.13%)
The Pictured Trade:
Featured here is an MJ May 21st (61 Days) 19 short put set up at the 18 delta strike in the May monthly. Paying .80 at the mid price as of Friday close, it has an 18.20 break even and a 4.40% return on capital at max as a function of notional risk. Naturally, it's a little bit long-dated if you like to try to keep things in that 45 until expiry or shorter wheelhouse. I don't have a ton on in May yet, so may do a smidge here, do a smidge next week, etc., so that I disperse risk over duration, rather than going all in everything at the top of the list with 45 days to go.
An alternative defined risk play is the 14/19 5-wide short put vertical, paying .70 as of Friday close on buying power of 4.30 -- a 16.3% return on capital at max as a function of buying power.
LITUSDT Keep your eyes here 📈Wait for breakout and as soon as it happens LITUSDT will be ready to fly higher!
LITUSDT - by buying liquiditylast idea:
Preconditions:
- key level
- accumulation
- global uptrend
- locally uptrend
- false break out
Push like if you think this is a useful idea!
Thanks for your support!
