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Litusdt

LIT/USD - LIT is on fire! Can we sustain a move to ATH? 🚀LIT is looking GOOD. We made a high low forming a nice ascending triangle highlighted in blue and now we're about to break the resistance at just under $9. If we manage to do that this time then I see us quickly moving to $10 and above. The overall altcoin market is bullish and is led by ETH which is also bullish in my eyes (see below my idea for that). Indicators on LIT are looking sexy, we just need a bit more volume if we want to push against $9 and $10 soon. Then ATH level is in range. As I said under ETH, I believe this correction is over and we should explore higher levels soon in most alts, provided we remain bullish and BTC allows for this. We have consolidated nicely in this range, so LIT has formed a great base between $6 and $8. This is very good for long term gains. Enjoy the profits and keep an eye on this resistance line, don't think it will hold us down long. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
LLong
by DU09
16
LITUSDT (LIT) - POTENTIAL BUY ENTRY ANALYSIS 🔎 - LITUSDT brokeout above descending trendline resistance. - Price action is printing an ascending triangle pattern. - This is a bullish build up pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the ascending triangle's horizontal resistance (R1). TARGETS 🎯 - Horizontal resistance level (R2). - Horizontal resistance level (R3). - Horizontal resistance level (R4). SETUP INVALIDATION ❌ - Breakdown below the ascending triangle's inclined support.
LLong
by Chibuike_Odoh
LIT/USDT - Exit from the global triangle. Secondary symmetric 🚀Hello everyone, analyzed the LIT/USDT pair The trading chart indicates all aspects that need to be taken to make decisions in opening a position. The first is to wait for confirmation. The second is to see the return. Third, look at the stability of the candles and the volume. There is a chance for a false breakout. The levels at which I work are indicated on the chart. -GANN'S ANGLE - INDICATED ON THE CHART Do not forget that if the father of cryptocurrencies falls, he will drag all his relatives with him. Be attentive, do not risk your money. Go to my free channel and chat with other traders. Link in the description "This is just my opinion, trade with your trading system." "Have a nice day everyone and comeback again."
LLong
by CryptoJaegerB
1
LIT/USDT Bullish H&S and double bottom as turning signalLitentry took a lot of damage recently. We can identify a bullish head and shoulders pattern as well as a double bottom at previous support. Currently we even are producing a higher low. All that is needed know will be some more volume and we are back in the game. Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. 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.
LLong
by tumbler55
LIT/USD - Head & Shoulder pattern. Can we break out?LIT has formed a large head and shoulder patter which is approaching its end. Will we break the neckline/support and fall or can we push higher? I am mildly bullish, despite this formation because the overall market remain bullish. However another sharp fall in BTC or ETH price will likely take LIT below our current support, break the neckline and fall. However, I find such a scenario unlikely. What is more likely is that we will finally break away from this diagonal resistance that has kept LIT down for a while. Why? 1. We made a 5 wave down from our ATH, so this correction should be over soon. 2. Bullish divergence on RSI 3. Overall market remain bullish - pray this does not change! 4. Positive cross on MACD which is likely to move on higher timeframes, if that happens we're gold. It won't take long now for LIT to pick a direction, we should know by the end of the week were we stand. Good luck! Like and follow if you liked this idea! Also join my crypto community to stay in touch and watch my technical analysis videos on YouTube. :)
LLong
by DU09
9
LIT/USD - Resistance broken, LIT about to blow-up! 🚀LIT just broke a key resistance that held us back in the past. We moved above $9.5 which clears the path for price to test the $10 and if that wont hold us down, then we're on a clear path to re-test ATH level at $14.7. The indicators on 4h look great, particularly MACD which did a lovely cross on the positive side, RSI is moving higher and this break of resistance was on good volume! Bias is bullish on LIT and remains so as long as we keep price above $9. This move has legs and can run much higher, particularly as BTC is looking bullish as well. So keep an eye on the overall market as well (my BTC idea is below). Like and follow if you liked this idea! Also join my crypto community to stay in touch and watch my technical analysis videos on YouTube. :)
LLong
by DU09
3