LITUSD
Crypto LITUSDT (Bullish Case is a making?)Updated View On Crypto LITUSDT(12 Sept 2021)
LIT has built a decent support region between $2.0~$3.5 during last June to Aug Period.
So, if there is any pullback, we can expect some support power there.
If the bulls push up is back, we could see $5.5 or $7.5 again.
Let's see and watch the risk closely.
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LITUSDT 4H long setup; Trending above 4H 50 MATA explained
LIT is trending above 4H 50 MA, after the latest pullback next up is a higher high.
Trade setup
Best entries: 4.490 - 4.580
TP1: 4.925
TP2: 5.187
TP3: 5.506
SL: 4.247
RR: 3.39
Max leverage: 2
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MDSquared Crypto Lounge
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
LIT skyrocket once it passes this level 🤯🚀LIT is now near a key level. This is a good signal for a breakout and continued growth. But since bitcoin and all altcoins have risen strongly, there is a possibility of a slight correction. Personally, I would open this position after an additional squeeze and staying in the range for some more time. A good buying opportunity after squeeze and breakdown of the $3.84 level.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
LIT/USD - Time to pump back to $5! 😎LIT has broken the descending wedge, this is no surprise considering that this was a bullish wedge.
With a bit of help from BTC and the overall market pumping, we should get to $5 again where we will meet our first resistance that could push us back, we may also bounce on the major trendline, to be seen.
For now LIT is posed to pump like most of the market, the indicators are bullish and ready for some good up-trend.
Longs are favored and an entry here could net some nice profits.
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LIT/USD - Expecting a break towards $7! 😍LIT is in a bullish trend which just had a nice correction. The correction appears to have ended which indicates that we're in the preparation stages for the next major leg up.
Once we clear the resistance at $5 we should have a smooth ride towards $7 which is our next major resistance. Either way, I see LIT moving higher and beyond that still. The volume lately has been looking solid and the indicators on daily and higher timeframes favors a bullish bias medium/long term.
Any chances to buy LIT at support is a great discount to enter, however, a clean break from the $5 resistance would equally present a good entry (i.e. buying the retest of that resistance turned support).
We also have a nice ascending triangle, hence once this formation breaks, we will get confirmation of our trend.
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Lit' targets my fav coin LIt,we need close 4h bar above the green line to get our targets and the red one is the stop loss if close under it 4h bar,so my targets as you see guys on chart
short term:
TP1: 6.46
TP2: 9
TP3: 12.5
long term:
TP1: 20
TP1: 45
TP3: 60
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...NOTICE...
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this is a high-risk trade so please if you don't how to trade, how to secure your money or your running profits or nothing know in trading, no enter into trade
I will not responsible for the loss.
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stay tuned for the upcoming analysis of the coins
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if you want any coin's targets or analysis, or there is something not clear for you, just comment guys ;)
LIT Good opportunity for 30-50% gains LIT is now at the trendline support and a bounce is expected. The major resistance zone is $2.95-$3.05 and we will see a good rally after it breaks the resistance area. The triangle breakout will start a new trend.
Buy Zone: $2.43-$2.46
Target: $2.75 - $2.95 - $3.3 - $3.55 - $3.8 - $4.25 - $4.6 - $4.9
LIT bouncing from the demand zoneLIT is bouncing from the demand zone and there are a lot of buyers in this area. The wicks show the price rejection and heavy buying. Now we will see a good bounce in LIT from these levels. Good time to build your position.
Buy Zone: $8.4 - $8.55
Target: $9.3 - $9.9 - $11.15 - $12.66 - $14.3 - 15.8
💡LIT: BUY Trade🚀🚀🚀🚀🚀🚀 #ALTSEASON2021IMPORTANT TIP: CRYPTO Market IS AT TOP, On Weekly Timeframe BTC is Bearish . Still Alt Coins are Rising Continuously, Don't Know Where ALTS will take U TURN. Thts Why "I Request Please Invest Just 1-2% in Alts Whenever We Post Signals"
📈#LITUSDT
➡️Entry: 8.5$ or Last price
🎯Target 1: 12.4$
🎯Target 2: 14.1$
🎯Target 3: 18$
LIT/USD - Stuck in a massive channel. Break-up to $30 possible?LIT is stuck in a massive channel that spans over 100% in price movement. Since this is a flat trend, the best one can hope in such a scenario is to play the top and bottom range as indicated by resistance and support levels.
Nevertheless a breakout from this channel will lead to a significant price action. My bias is that LIT will eventually break-up from this channel and at a minimum will double in price so the next top can be anywhere around $30.
A possible path is presented on the chart. For now I expect us to move higher in this channel and eventually break-up.
The indicators are also trying to curve up and once we have a bullish cross on MACD moving averages we should have some good momentum behind us to explore higher levels.
Keep a close eye on LIT since I am sure it will give us some exciting price action in the future!
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LIT POSSIBLE TRADE??LIT has been accumulating over the past weeks.
Right now it has broken out of this triangle and has already tested the support!
Right now we need to get out of the last hard area and then we will see new ATH!
If we get rejected, we will see lower prices (red area)
Orange area - buying zones
Red area - support level