Litusdt
LITUSDT (2 Scenarios) TP1:$29, TP2:$38The Grand Wave 1 is done and Grand Wave 2 gives us two scenarios :
1:
IF: ABC and the triangle breaks to upward it will lead the market to 29.31. The you close half or all of your positions and buy again at rate: 23.75 and hold it up to 38.28.
2:
IF: ABCDE happens market will move back to $8.9 and you take the second order at this rate and hold it up to 29.31, then close half or all and buy again at 23.75, then hold it up to 38.28.
Good luck
LIT/USDT Update: Partnering with Injetive Protocol. 50$ is nextLitentry still did not move since it's listing on Binance.
We now broke out of the purple flag and try to use the yellow line as trampoline.
Litentry still seems the only real contender for Identification along the blockchain industry.
At some point we have to be able to use identification if need be.
Since we are so bullish on LIT we have to put our new target to 50$
But don't hesitate to take partial profit on the way.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
This chart is lit, this breakout is lit, this coin is LITI think this could potentially be one of the most beautiful bull pennants that I have ever seen.
Make sure you re-load on the re-test.
This identity-focussed coin has an MCAP of only $1 billion, so it's worth adding to your small/medium -cap holdings.
LIT/USDT LITUSDT is breaking out of this really nice triangle / bullish pennant.
Suggested buy-in: $11.5 and under.
Aim for at least 1:1 RISK/REWARD
I am not your financial advice. No matter how accurate something can be I always suggest that you do your own research and use your own risk management strategy. Use the above numbers as suggestions and not a rule.
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.
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LITUSDT (LITENTRY) - POSSIBLE PRICE ACTIONS ANALYSIS 🔎
- LITUSDT is consolidating in a symmetrical triangle (ST) pattern .
- A relatively big move is imminent.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend ⬆️: horizontal resistance levels (R1, R2).
- Downtrend ⬇️: horizontal support levels (S1, S2).
LITUSDTEasy trade - after break out the MA we can go in.
LIT will go probably higher then 12, but 20% is good profit without lvr. If you want you can sell part od LIT on 12 usd and try to take rest of profit around 15 usd. You SL can be placed to 11,5 and you can´t lose your money.
Danger: BTC - if will go up or down fast, alts will be blocked by domininantion of BTC.
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...
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LIT forming symmetric triangleLIT is forming a symmetric triangle on the daily chart. A breakout will start a new rally in LIT. LIT is a binance launchpool coin and ready for the Polkadot ecosystem. Build your position in LIT.
Buy Zone: $8.6 - $9.1
Target: $9.9 - $10.7 - $11.6 - $12.5 - $13.7 - $14.9 - $16.2 - $17.5 - $18.8 - $19.9