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
LITBTC
$LIT/BTC 4h (Binance Spot) Near Horizontal Support Litentry at Support and about to Breakout of the Downward Trend Line
Current Price= 0.00016299
Buy Entry= 0.00016000 - 0.00017500
Take Profit= 0.00019773 | 0.00022165 | 0.00024613
Stop Loss= 0.00013225
Risk/Reward= 1:0.8 | 1:1.5 | 1:2.1
Expected Profit= +15.32% | +29.64% | +43.63
Possible Loss= -21.91%
Estimated Gain-time= 1 month
use Maximum 10 % of the Account
LIT in ascending channelLIT / USDT
Price move in ascending channel
My buy signal was given when price brokeout trendline at 7$
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 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