Is a Breakout Imminent for #LITUSDT? Key Levels to WatchYello, Paradisers! Is a breakout imminent for #LIT or not? Let's discuss the latest analysis of #Litentry and see what's happening:
💎After 4-5 months of a slow and steady downtrend, #LITUSDT is now approaching a pivotal moment. The price has bounced off the major demand zone at $0.56 and is currently testing the upper boundary of a Descending Channel. The burning question is—can the bulls keep up the momentum and spark a true rally?
💎To fuel this breakout, #Litentry needs to overcome the internal resistance at $0.84. This level, which acted as strong support twice before, has now turned into a significant barrier. A breakout above $0.84, especially if accompanied by rising trading volume and the 20 EMA, could signal that the bulls are ready to take control and drive prices higher. If this scenario unfolds, prepare for a potential rally toward the next major resistance level.
💎If the bulls struggle to maintain their push, we could see a pullback toward the crucial support zone at $0.567, potentially retesting the breakout point. Failure to hold this level may trigger a slide, with #LIT likely dropping to the $0.435-$0.477 support range.
💎The true risk emerges if the $0.435 support fails. A breakdown here would likely hand control back to the bears, leading to a deeper correction and squashing hopes for a short-term bullish recovery.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Litentry
Litentry #LIT escaping the Bear BasementBear basement's are a gift!
That is where you can accumulate a large position in a Crypto coin/token
When things are moving fast - either to the upside or downside...
It's very hard to do much of anything properly
expansion moves create such dopamine rushes
that it's extremely difficult to take profits unless you have predetermined targets already in mind or with limit orders in place.
Bottoms are better Tops :)
In speculating not literally hahaha
So litentry is still giving a last opportunity in the bear zone
before it moves into a new trading zone ... U can see the W pattern right?
LIT/USDT Ready for a Bull Rally? 👀🚀LIT Analysis 💎 Paradisers, focus your attention on LITUSDT, which is currently showing a significant setup in the demand zone, further reinforced by a recent Market Structure Shift (MSS). This situation indicates a high probability for a bullish trend.
💎 When examining LIT's pattern, Litentry has a consistent history of breaking above its descending trendline, a strong indicator of potential upward movements. Presently, it's approaching a key Bearish Order Block (OB) challenge, with ongoing strength above the EMA100, directing towards supply targets at $1.42.
💎 However, given the ever-changing nature of the crypto market, it's vital for LIT traders to be ready for various scenarios. Should the anticipated bullish breakout not occur, shifting to a rebound strategy from the support level at $0.81 will be key.
💎 A decline below this support level would call for a reassessment of strategies, signifying the need to reevaluate the bullish perspective and modify trading strategies to suit new market trends.
💎 Stay focused and strategically adept, Paradisers. Your ParadiseTeam is committed to providing in-depth analysis and strategic guidance, helping you make informed trading decisions in these dynamic market conditions.
LIT could be the next top gainerHello Traders,
Some coins/tokens with futures markets on Binance and Bybit have had nice p&ds recently.
They are manipulating these coins easily because these coins/tokens have low mc.
The funding rate is still negative. Keep an eye on it; break out could lead to significant gains.
Please hit the boost button and follow me for more ideas.
Thanks
Litentry (LIT) forming a bullish Shark for upto 28.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Litentry (LIT) with US Dollar pair.
Previously we caught a nice of LIT as below:
Now on a 4-hr time frame, LIT is about to complete a bullish Shark move for the next price reversal.
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.
✳️Litentry | 1D TF | Jan 17 | #LIT $LITLIT growth is often volatile and it often falls back sharply after pumps. In the coming days, LIT may have pumps to $1 and plummet back to $0.75
🔮Our forecast about SAND movements in next days :
- Move upward to 1$
- Move downward to 0.75$
♻️Back-up plan: If LIT holds 1$, it could pump strongly
Litentry (LIT) formed a bullish Gartley for upto 34.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Litentry (LIT) with US BTC pair.
Previously we had a nice trade of LIT:
Now on a 4-hr time frame, LIT has formed a bullish Gartley pattern, there is also a hidden bullish divergence as the priceline is forming a higher low and the RSI is setting a lower low.
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 - Will Lit your PortfolioHello my Fellow TraderZ,
This is to bring to your attention that next $MASK could be your $LIT #Litentry - another web3 project based on the ecosystem of #Polkadot.
On DTF, it seems like $LIT is forming an Inverse Head & Shoulder and incase it plays out will give a massive 70-80% profit.
Note : - This Resistance Zone is very crucial, so enter after breakout and retest only.
Trade Happily my Friend. CHEERS!!!
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
LITUSDT (Litentry) Daily tf Range Updated till 23-06-22LITUSDT (Litentry) Daily timeframe range. Broke out of its low got back up to retest it, classic move. But the volume is not reasonable here neither the quality of holders. thats where the risks comes from and within low volume rules are barely followed. The R and R ratio is tolerable for position traders.
📊 LIT moved 25% up, retesting resistance!Hello, dear TradingView members.
This idea is a LIT analysis.
LIT moved 25% today, retesting the resistance area for the third time recently.
RSI is still in the Neutral area and doesn't hint at overbought.
The Bollinger Bands become vast but not overbought, and the support of the middle band can push the price up.
Scenario one:
The price will push straight up or use support to break the resistance to the potential target levels.
Scenario two:
The price will become overbought before making any moves on the resistance area and will fall on support
The Speedometer indicator shows Buy volumes on the market for LIT on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
Litentry (LIT) formed bearish Gartley | Upto 32%Hi dear friends, hope you are well and welcome to the new trade setup of Litentry (LIT)
On an hourly time frame, LIT has formed a big bearish 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
LITUSD targeting the 1D MA200Litentry (LITUSD) has been consolidating around its 1D MA50 (blue trend-line) for the past 6 days since it broke above it. Even though the long-term pattern is a Bearish Megaphone with some upside at the moment, the price is struggling due to a Lower Highs trend-line involved.
The 1D RSI pattern shows, that we might be ahead of a rally towards the 1D MA200 (orange trend-line) similar to that of July-August 2021. If you wish to buy upon confirmation, wait until a 1D candle closes above the Lower Highs trend-line.
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LITENTRY more gain 🚀Hello 🐋
Based on the chart, after long time range market and correction we have appropriate amount of the volume for the price and the price is close to the channel support ✔️
if
the price breaks the round number of $1 and the resistance area to the upside, we will see more gain at least to the weekly trend line 🚀
otherwise
we can see brief a correction ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋