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LITUSD

LIT/USD - Massive ascending triangle formed. Bullish price!LIT has been consistent in setting higher lows in the last few weeks, forming a very large ascending triangle which is caught within an even larger one if we are to extend the ATH resistance line. While a simple pattern is not sufficient to be bullish, we also have confirmation on the indicators. MACD on daily is looking very good with a bullish cross four days ago and now we've had a nice re-test of support and continuation. Keep this up and LIT will soon be over $12. RSI is also climbing higher. The only thing missing here is volume. Price action is also bullish and once we reach this resistance at $12, I expect LIT to break it and soon after set a new all time high which would take LIT into price discovery, nice. There is not much room left in this formation, so expect a breakout soon. Bias is very bullish still on LIT. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Long
by DU09
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... Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Long
by GreenCryptoTrades
2
LIT/USD - Light it on fire, LIT about to POP! 🤩LIT has formed a beautiful ascending triangle and is now posed to move higher as we passed the local resistance indicated by the dotted line. We are just under the $10 resistance line which will keep price wondering what to do for a while, but with ETH setting a new ATH every day now, alts and LIT as well, will pump... hard. I expect great gains with LIT, particularly looking at the indicators, where MACD on daily just did a cross on the positive side. This is VERY bullish. RSI climbing higher as well. The only thing missing is volume. Soon. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Long
by DU09
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
BINANCE:LITUSDLong
by TheSignalyst
27
LIT/USD - On support, expect higher levels. LIT has found good support just under $9 as represented by this massive ascending triangle in blue. This daily candle is a bullish engulfing one at the time of this post. Provided BTC does not decide to crash, we can see some nice continuation on LIT price. Key levels are on the chart. I do expect LIT to eventually re-test it's current ATH and push higher. Volatility on this coin has been rather high, but this is expected for any new coins in crypto, so do not panic when that happens. Our next key resistance levels are found at $10 and $12. After that, ATH is next. Support holding well at $9 so far. As long as we are above $9 bias remains bullish. We're also curving nicely on 4h so we should have continuation up. But watch BTC. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
by DU09
2
LIT/USDT : moving above bullish trendline BINANCE:LITUSDT Hello everyone 😃 LIT had a pullback from MA 100 and now it's moving below resistance zone. There might be heavy pressure for LIT below them but overall it's bullish ! As LIT is moving above MA 100 and bullish trendline, We'll use multiple targets to climb for 15$.. Also MACD is being bullish again, So We'll see more pumps in short-term. 🔴 Below bullish trendline will invalidate this setup !! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
26
LIT/USD - Ready for ATH! $14 incoming...LIT has recovered very well this past week and now we are one resistance away from ATH and re-test of $14. Not bad. The indicators on 4h and daily are both bullish therefore with a bit of volume we should be at ATH in no time. That is less than 20% pump away. MACD is positive, RSI is rising... good stuff. There is nothing bearish on this chart. The only thing that can turn us back is a sharp rejection on BTC or ETH, but that looks unlikely. Bias remains very bullish on LIT and long term I can see this baby going to $40 plus. Enjoy the profits! Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Long
by DU09
12
LIT/USD - Climbing one level at a time before ATH!LIT has performed very well these past few days after a deep correction under $8. This makes LIT ready to explore higher levels and we already tested the resistance at $12. After some consolidation I expect us to re-test $14 again. With a bit of positive overall market momentum LIT can push higher. On daily timeframe, the indicators are looking good to explore higher levels and on lower timeframes like 4h we are consolidating just above $10. This is good and as long as we don't break under $9, we remain bullish. So far we made higher highs and higher lows in March. Nothing bearish on this chart so far. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Long
by DU09
11