LITUSDT (LIT) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- LITUSDT brokeout above descending trendline resistance.
- Price action is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Horizontal resistance level (R4).
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
LITBTC
LIT looking ready to fly once again#LIT / BTC ( Binance )
Buy Range : 0.00017348
Stop Loss : 4H close below 0.00016290
Target 1 : 0.00020290
Target 2 : 0.00022395
- Bullish breakout in LIT since indicators and price action seems.
- Everything pointing bullish and we can visit some higher prices and key points as seen in my fibs.
- Pair against USDT looking really good too
- Remember use correctly your funds
GL
Lit/btc looks promisingA long position can be opened for litbtc for the weekend, my targets are according to fib.
$LIT/BTC 4h (Binance Spot) Near Horizontal Support Litentry at Support and about to Breakout of the Downward Trend Line
Current Price= 0.00016299
Buy Entry= 0.00016000 - 0.00017500
Take Profit= 0.00019773 | 0.00022165 | 0.00024613
Stop Loss= 0.00013225
Risk/Reward= 1:0.8 | 1:1.5 | 1:2.1
Expected Profit= +15.32% | +29.64% | +43.63
Possible Loss= -21.91%
Estimated Gain-time= 1 month
use Maximum 10 % of the Account
LIT in ascending channelLIT / USDT
Price move in ascending channel
My buy signal was given when price brokeout trendline at 7$
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#LIT-USDT
- buy at 10.7 to 9.7
- stop-loss: 9.3
- Targets: 17.5 - 21.5
- Position size from the allocated balance is 5%
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.
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
LIT breaks the trendline LIT breaks the trendline in the 4H time frame and pullback done. Potential targets are mentioned on the chart.
LITBTC 1hr ChartNew alt on binance, I may take some trades based on these zones keeping eye on this one. trade safe frens.
