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Litusdt

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🌴
Long
by MyCryptoParadise_Simon
LIT is bullish (1D)From where we put the red arrow on the chart, it looks like the LIT correction has started. The correction seems to have been a double correction. An important trigger line has been broken. By maintaining the green range, the syringe can move towards the targets. The targets are marked on the chart. Closing a daily candle below the invalidation level will violate the analysis invalidation level : 0.651 For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
1
LTC: big reward📊 Analysis by AhmadArz: 1. Support and Resistance Levels:** - Support:** Around $82.80. - Resistance:** Approximately $88.00 and $96.82. - 📉🛑 2. Trend Channels:** - Currently, the price is moving within a horizontal range and appears to be awaiting a breakout. - 📈📊 3. Trading Strategy:** - Buy Zone:** Enter buy positions if the price breaks and surpasses the $84.15 level. - Target Price (TP):** - TP-1:** $96.82 - 💹💰 -Stop loss: 82.80 ⛔ 4. Overall Trend:** - The current trend is in consolidation. If the price can break the $88.00 resistance level, it is likely to move towards the higher target price. - 🚀📈 In summary, consider entering buy trades if the price breaks the $88.00 resistance level and aim for the target price of $96.82. 🔗 "Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡 Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
Long
by ahmadarz
2
LIT ANALYSIS (1D)LIT seems to have entered a bullish wave C. Considering the weakness of the movement, which we have on the chart, it seems that a median correction is on the way. If a correction is coming, the green area is a good place for buy/long positions. The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Long
by behdark
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?
CRYPTO:LITUSDLong
by BallaJi
LIT/USDT Bouncing from the support, get ready for continue UP!💎 LIT has recently displayed notable market dynamics. Currently, LIT is rebounding from the support area, exhibiting a strong green candle, suggesting potential upward movement. 💎 To sustain this momentum, LIT needs to surpass the resistance at 1.74 to continue towards our target strong resistance area. 💎 However, if LIT fails to breach the resistance, there's a possibility of retracement back to the support area to gather new momentum for another breakout attempt. 💎 In the event of LIT failing to bounce from the support area, the next potential stop is the demand area. This zone holds significant importance, as a failure to bounce and reclaim the price above the support could lead to further downward movement. 💎 Should LIT break below the demand area, it would confirm a bearish trend, indicating the potential for further price decline.
by MyCryptoParadise_Nathan
1
LIT/USDT Keep an eye on the demand, Potential bounce back to UP!💎 LIT has recently experienced significant market dynamics, encountering a strong rejection in the supply area. 💎 There is potential for LIT to undergo a retest of the demand area around 1.25. A positive sign in the demand, such as a bullish candle rejection, could signal a bounce in price and a return to upward movement, potentially testing the strong resistance area once again. 💎 However, if LIT fails to bounce when it reaches the demand area, and even breaks down below it, it would indicate bearish momentum, with the price potentially targeting the Bullish OB area around 1.035. 💎 When LIT reaches the bullish OB area, it's crucial for it to bounce and resume its upward trajectory. Failure to sustain this area, resulting in a breakdown, could further signal bearish sentiment and lead to continued downward movement for the price.
by MyCryptoParadise
1
LIT's Situation: What Shall we Expect ?Hi. COINEX:LITUSDT ✅Today, I want to analyze LIT for you in a 3D time frame so that we can have a MID-term view of LIT regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️Double bottom is in forming on weekly timeframe. Looking for the retest of the neckline, If the neck breaks, it will witness good growth. - High potential areas are clear in the chart. - You can look for reasons to enter according to your own personal strategy after approval. -AB=CD ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - DOUBLE BOTTOM - AB=CD Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
LIT/USDT Facing on the key area. Bullish momentum if break!💎 LIT has recently shown noteworthy market dynamics, currently encountering resistance at a bearish Order Block (OB) and supply area. 💎 A successful breakout above this supply zone could trigger bullish momentum, probability leading to significant upward movement toward our target strong resistance area. 💎 However, if LIT fails to break out of the supply zone, the price is likely to face rejection and move downward towards the Bullish OB area. Here, it may find support and attempt another bounce to retest the supply zone. 💎 Should LIT fail to bounce off the Bullish OB or even break down below the demand area, it would indicate a concerning sign as the price could continue its upward movement, ultimately targeting the demand area. 💎 The demand area holds significant importance as a crucial support zone. LIT must bounce off this level and reclaim the price above the demand area. 💎 Failure to do so could lead to further downside momentum, potentially pushing LIT's price even lower. Therefore, a bounce and successful reclaiming of the demand area are essential for maintaining bullish sentiment and preventing further downward movement.
by MyCryptoParadise
1