#LIT/USDT#LIT
The price is on an upward journey from the support area at the lower border of the bearish flag
The price now is 0.850
Its target is the upper border of the falling flag, which represents resistance from which the price may bounce slightly.
First target at 1.355
Then the ascent continues
For the second goal 2.20
The price now crosses the Moving Average 100
This rise is supported by seven sells on the MACD
Litusdt
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.
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✅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!!
LITUSDT Triangle Breakout!LITUSDT Technical analysis update
LITUSDT formed a symmetrical triangle pattern on the daily chart, Currently, the price is exceeding the resistance line of the triangle.
we can expect a 100-300% move in midterm.
Buy zone : Below $1.35
Stop loss : $1.10
regards
Hexa
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.
LITAMEX:LIT 's price chart indicates potential growth. A breakout above the marked blue zone, especially around $0.850, could signal a good entry point. It's essential to use a stop-loss for risk management.
Everything is on the chart.
LIT pump incoming LIT is ready for another pump after re-testing the demand zone
RSI bullish divergence
LIT/USDT weekly analysis for few monthsA overall idea of LIT/USDT based upon HTF , its looks like in the end we will see 0.15$ area so keep eye on it #NFA #DYOR
LIT/USDT Bounce from the demand area. Ready to continue upward ?💎 LIT has recently showcased a notable rebound from the demand area, raising speculations about its potential to target higher resistance levels. Market observers are keenly watching LIT's trajectory, particularly its approach towards the critical resistance area of $1.05.
💎 Should LIT manage to break through this resistance, it could signal an easier path towards reaching the bearish Order Block (OB) target area. This scenario would indicate a positive shift in market dynamics, potentially opening the door for further upward movement.
💎 However, the situation is delicate. A failure to breach the $1.05 resistance, or an inability to maintain momentum from the current demand area, would raise concerns. Such a development could signify inherent weaknesses in LIT's market position, hinting at a bearish trend confirmation.
💎 If LIT succumbs to these pressures and breaks below the demand area, it would solidify a bearish outlook, potentially leading to a further decline towards stronger support levels. This potential shift warrants close observation for signs of sustained bearish behavior.
LIT / LITUSDT
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
LIT/USDT probability of bullish move from support?🚀LIT Analysis💎 Paradisers, take note of the potential opportunity with #LITUSDT, which currently shows a heightened probability for a bullish continuation from its support zone.
💎 #LIT has recently experienced a downturn due to market uncertainties. Currently, it seems poised to regain momentum from the support zone at $0.787. If the price sustains its momentum above this level, there's a good chance it will initiate a bullish movement, aiming to overcome the substantial resistance at $1.671.
💎 The ever-evolving cryptocurrency market demands a flexible approach to our trading strategies. If #LIT encounters difficulties in holding its ground at this support zone, a strategic adjustment might be in order.
💎 Under such circumstances, our Plan B would focus on a bullish push from a lower support level, specifically at $0.696. It's imperative to stay alert, as a breach of this level could be an early indicator of a trend shift towards bearish territory. 🌴💰
LITUSDTBINANCE:LITUSDT Long and short idea
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help. #DYOR
Don't forget to 🚀 and comment
LIT/USDT Crucial moment. It Required break for switch to Bullish💎 LIT has become a notable entity in the market, currently confronting a significant supply area within a rising wedge pattern. Historically, LIT has encountered this supply zone twice and faced substantial rejections each time. This zone is pivotal; a successful breakout by LIT could signal a shift to a bullish trend in the mid-term and the probability of the next stop is on our target major supply area.
💎 However, should LIT fail to overcome this supply barrier and faces another sharp rejection, it might lead to a downward movement, bringing it back to test the support trendline of the Rising wedge pattern. At this juncture, LIT's ability to bounce back is crucial. Failing to do so could result in a breakdown of the rising wedge pattern and a subsequent move towards the demand area.
💎 The demand zone is critical for LIT's trajectory. While the area has historically been strong enough to support LIT, a failure to bounce back, combined with weak volume and only consolidation over a few days, could indicate a potential breakdown. If this occurs, LIT may revert to a bearish trend and move towards the strong support area.
LIT Has a good investment Opportunity today I am sharing an analyst with you guys
the coin in not for entry right now because it is already moved and the ST is far away
I am just showing the expected target for the current move
Good luck everyone
LIT/USDT Ready for a Bull Rally? 👀🚀LIT Analysis 💎 Paradisers, focus your attention on LITUSDT, which is currently showing a significant setup in the demand zone, further reinforced by a recent Market Structure Shift (MSS). This situation indicates a high probability for a bullish trend.
💎 When examining LIT's pattern, Litentry has a consistent history of breaking above its descending trendline, a strong indicator of potential upward movements. Presently, it's approaching a key Bearish Order Block (OB) challenge, with ongoing strength above the EMA100, directing towards supply targets at $1.42.
💎 However, given the ever-changing nature of the crypto market, it's vital for LIT traders to be ready for various scenarios. Should the anticipated bullish breakout not occur, shifting to a rebound strategy from the support level at $0.81 will be key.
💎 A decline below this support level would call for a reassessment of strategies, signifying the need to reevaluate the bullish perspective and modify trading strategies to suit new market trends.
💎 Stay focused and strategically adept, Paradisers. Your ParadiseTeam is committed to providing in-depth analysis and strategic guidance, helping you make informed trading decisions in these dynamic market conditions.
LIT is BullishThe pattern that makes up the LIT symbol is a diametric. It looks like wave D is over and is rising for wave F . By maintaining the green zone, it is expected to complete its upward step The red range can be the target of this bullish wave
This is the analysis update that is linked in the related section
Lit could double its valueSince the low from mid-May 2022, LitUsd traded in a range, but more importantly, found a very strong base just above 0.5.
Recently, the coin broke above interim resistance and an up continuation could follow.
In case the coin manages to stay above 0.8, it could rise and test 1.6-1.7 resistance.
lit breaking out seems like getting ready for solid recovery
breaking symmetrical triangle in 3 days tf expecting solid breakout incase of successful breakout expecting 220 to 240% bullish rally in midterm
keep eyes on lit for confirmed breakout
LITUSDT| We are trying to place buy orders in advanceHello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
The coin looks as if the correction will continue, I have identified several areas of interest for myself, I will try to buy it from below.
Deal plan:
Entry - 0.738/0.705$
Stop - $0.670
Take - 870$
Guys, be careful, the coin can show high volatility, if an upward movement occurs without correction to the marked zones, do not try to fly into a rocket along the way, this can be dangerous for your deposit!
LIT VOLUME INCREASEThank you for reading our update. Please keep in mind that this is not trading advice.
LIT seems to build new unexpected volume
If the volume keeps going, it can have a high break, depending on whale interest.
📈 LIT/USDT: Dragon Pattern Break to the Golden Mean Ratio ~$4 Welcome, traders! We've got an exciting chart setup on the LIT/USDT pair. The dragon pattern is in play, hinting at a potential breakout targeting the golden mean ratio around $4. Let's dive into the details:
Chart Analysis:
Pair: LIT/USDT
Timeframe: Monthly
Key Observations:
Dragon Pattern: The LIT/USDT chart is forming a dragon pattern, which is known for its potential reversal and trend continuation characteristics. 🐉
Golden Mean Ratio: The breakout target aligns with the golden mean ratio, a significant Fibonacci level often used in technical analysis. 📊✨
Ascending Trendline: The price has been following a robust ascending trendline, indicating bullish momentum. 📈📈
Trading Plan:
Entry: Consider entering a long position upon a confirmed breakout above the dragon pattern's upper boundary, preferably accompanied by a volume surge. 🚀📊
Stop Loss: Place a stop loss just below the dragon pattern's lower boundary to manage risk effectively. 🛡️⛔
Take Profit Target: Aim for the golden mean ratio at approximately $4. This level could act as resistance, so consider taking some profits here. 💰🎯
Risk Management:
Trading cryptocurrencies carries inherent risks, and it's essential to manage your risk carefully. Don't risk more than you can afford to lose, and consider using stop-loss orders to protect your capital.
Disclaimer: This is not financial advice. Always conduct your research and consider consulting with a financial advisor before making any trading decisions.
Keep a close eye on LIT/USDT as it approaches the dragon pattern's breakout point. A move towards the golden mean ratio around $4 could provide an excellent trading opportunity. Happy trading, and may the markets be in your favor! 🚀💹
Note: TradingView posts are for educational and informational purposes only. Remember to perform your research and use proper risk management when trading cryptocurrencies. 📚🔍
LIT/USDT Breaks Bull Pennant what next? 👀 LIT Today Analysis💎Paradisers! Brace yourselves for a splendid opportunity with LITUSDT! We've observed it breaking the bull pennant and, after a pullback, it’s gearing up for a bullish move.
💎 In our previous observations, LIT formed a commendable inverse head and shoulder pattern, paving the way for a bullish trajectory. We are foreseeing two possible scenarios: one where it continues its bullish journey from 0.671$ and the second one initiates from the pennant resistance which is now acting as support.
💎 Another key observation is the role of VRVP, which is also acting as support, reinforcing the bullish trajectory. However, if the pennant resistance breaks, the price may experience a downward continuation.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!
LIT IS VERY BEARISH (1D)On large time frames, we are in a falling diametric diamond. We think that D wave is diametric. Wave D of this diametric is a falling triangle, and wave E of this triangle is the only one left. After completing this wave, we expect deep drops. Future declines to complete wave E of this diametric.
