Litusdt
LITUSDT/1H (UPDATE OF LAST CHART)I can see triangle and bullish falling wedge pattern on the chart.
I think price will rise to the last price (1st rise = base of triangle) due to we saw breakout from triangle and then will pullback on consolidation area (2nd tp will active if you see this pullback) and keep moving it trips as you see.
1st tp and 2nd tp are at strong Fibs area and among them we see another Fibs area (1.618 & 2.618 ) that will be able to reverse trend.
LIT nice retest on DailyHi traders!
Very nice retest of horizontal level on LITUSDT
Bullish expectations is still valid!
📈📈📈
LIT/USD - Lit is getting ready to PUMP! 🚀Check this chart out guys. LIT broke above the current resistance and is now making it support. If the momentum is maintained, we're looking good to go higher.
MACD is preparing to do a positive cross, RSI is going up and volume was very healthy on this last breakout.
Therefore, continuation is expected which should bring us to at least $12, then $15 again.
On a medium term, I expect LIT to reach $16. Then later push much higher.
Bias remains bullish so long we hold above the support line, so far any time LIT dropped to $10 it was a great buy zone! Unlikely we will get it again.
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$LITUSD - AB=CD pattern on the watchHello everyone!
Lit is one of the coins to consider for a mid-term investment.
The correction of the last impulse has ended at 0.618 and LITUSD broke the local dynamic resistance, hence I believe the next impulse is on the way.
LIT/USDT : Targeting 15$BINANCE:LITUSDT
Hello everyone 😃
LIT Had a breakout from bearish trendline and now it's above 11$ resistance zone.
MACD is bullish and MA 200 is supporting movement,
But on other side, There's A resistance made by MA 100 and bullish trendline !!
We might see a rejection on current zone, But Majority is bullish.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
LITUSDTHello to you all. Mars Signals team wishes you high profits at all times.
As you can see the price is going to go out of the line.
According to the high fall the price has experienced, we should not ignore that it will fall again.
But if the price is able to break its line again, its reasonable to enter the trade after the pull back for higher prices.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
LIT in ascending channelLIT / USDT
Price move in ascending channel
My buy signal was given when price brokeout trendline at 7$
Now price form similar pattern here
Price should Breakout and enter the channel again so we can put a nice order
Invalidation 🚨: breakdown of (9.4$) can turn price bearish short term
Good luck
ABOUT LITUSDTIt's alright in the longterm, but in the short term, observe two redlines...
LIVE HOPEFULLY
critical RE, still waitingHi
WARNING, it is my personal analysis, may be right or wrong!
The price is going to the bottom of the channel, hope it rises and goes UP, if then, the target is about 16$ first.
Steel waiting.
Just still waitingHi
WARNING. it is my analysis, maybe wrong or right.
LIT/USDT is going to the end of the uptrend channel. Hope it may rise soon! it not clear
just wait. if it rises the target is nearly 16$
***lit can target 16.5$***Reached targets: 10.2$ and 12.5 and 14.5$ and the next target can be 17$ in next step and don't forget lit in 23$ in longterm.....
LIVE HOPEFULLY
LIT/USDT is breaking out after consolidationHey guys,
Another quick analysis here. LIT was consolidating like many other alt coins. I believe the consolidation is over and we started to break out to the upside. Why?
1. We were in a down trend in the hourly. It seems like we are breaking above the trendline right now.
2. We are very close to the bottom Bollinger Band. Moreover, LIT is moving in an upward sloping band. The bottom of the Bollinger Band overlaps with the bottom of the upward sloping channel.
3. I have been watching the chart closely since yesterday. I was expecting the price fall to mid $10s, but the buy pressure around $11 is very strong. The price tried to break down a few times below $11 in the hourly but wasn't able to succeed. The sellers have exhausted themselves. The volume has been faded. It seems like it is time for reversal.
This is how I evaluate the LIT chart. This is definitely NOT a trade or financial advice. Let me know what you think about my analysis.
Thanks!
LIT/USD - We left the channel. Bearish price action!⛔As expected, after quite a nice pump to almost $15, LIT corrected quite deeply and we fell off our large ascending channel. This is no surprise, because LIT is still a young coin and price has to find its support and resistance levels, so volatility remains high.
Where are we now? After falling off the ascending channel we had one small attempt to pull back in, but that was quickly pushed back... this is bearish.
Then the indicators are not looking too good. We have a bearish MACD and RSI on 4h timeframe. Therefore I expect us to fall a bit lower up to around $10 when I would expect LIT to pump out again.
So watch the key area in blue because there price will have a sharp reaction. If we fall under $10, then that won't be good... but too early to call that and seems unlikely.
For now I remain bearish as long as we don't break this diagonal resistance.
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LITUSDTPrice formed a double bottom at the 50% fibonacci retracement price zone of the A-B impulse move before breaking through the $14.2800USDT resistance level.
Increased volume and upside momentum makes this look like a high probabilty trade with take profit levels the height of the double bottom which also sees confluence with the Febuary 14th upper trendline, and 161.8% fibonacci extension.
LIT/USD - LIT preparing to EXPLODE! 🚀🚀🚀LIT is doing some nice gains every day, a bit shy, but the trend is very clear and we appear to slowly form a massive ascending triangle!
What I love however are the indicators... MACD on 4h just did a beautiful cross on the positive side these past 24h, RSI is going up... the only thing missing is some nice volume to propel us upwards.
But that will come as soon as we move away from the ATH and break that resistance at $9. When that happens, I expect massive gains in a short period.
Prepare the rocket because we may have some explosive green candles ahead of us. :)
Bias is extremely bullish as long as we maintain the trend/support.
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LIT/USD - Path to $60 🚀🚀🚀LIT has done very well since my last idea. As you can see we are comfortably sitting over $14! Not bad right? :D
We appear to be in a very nice ascending channel on the way up on leg 3 which is always the longest and largest... using a nice Fib extension we see that if this holds true, we can easily go to $30 before any sustained correction back to $18.
On this road to heaven, we have a few bumps. The first one is at $16-17, then the channel mid-point around $20 and lastly the top at $30 where I would expect a rejection if we make it there before pushing higher still.
LIT is a great long term hold at least until summer, therefore, don't rush to sell because this chart is anything but bearish. Have a plan, have a strategy, take profits at key levels.
This path here ends at $60, LIT can go higher this year and this path may not look like this in a month, however, LIT will continue to grow, especially due to its low circulation supply.
Enjoy the profits!
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#LIT can now be LONGWe can open a long here, but for the further movement we need a confirmed breakout through the upper boundary of the channel.
Further updates will come once we have a confirmation -
