LITUSDT - At resistance level - waiting for break outLITUSDT - At resistance level - waiting for break out.
A coin with a good use-case. Highly vulnerable to BTC volatility.
Once it crosses, the 5 USD resistance, it's off to 10.
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Litusdt
LIT/USD - Expecting a break towards $7! 😍LIT is in a bullish trend which just had a nice correction. The correction appears to have ended which indicates that we're in the preparation stages for the next major leg up.
Once we clear the resistance at $5 we should have a smooth ride towards $7 which is our next major resistance. Either way, I see LIT moving higher and beyond that still. The volume lately has been looking solid and the indicators on daily and higher timeframes favors a bullish bias medium/long term.
Any chances to buy LIT at support is a great discount to enter, however, a clean break from the $5 resistance would equally present a good entry (i.e. buying the retest of that resistance turned support).
We also have a nice ascending triangle, hence once this formation breaks, we will get confirmation of our trend.
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LITUSDT Technical Analysis
Welcome back Traders, Investors, and Community!
LITUSDT on h4 has broken above the resistance and also has broken above the triangle which is a Bullish sign. It might go for a retest before it goes up.
⬆️Buy now or Buy at 4.9862
⭕️SL @ 4.5936
✅TP1 @ 6.1800
✅TP2 @ 6.6000
✅TP3 @ 6.8500
✅TP4 @ 7.5000
✅TP5 @ 9.0000
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Lit' targets my fav coin LIt,we need close 4h bar above the green line to get our targets and the red one is the stop loss if close under it 4h bar,so my targets as you see guys on chart
short term:
TP1: 6.46
TP2: 9
TP3: 12.5
long term:
TP1: 20
TP1: 45
TP3: 60
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...NOTICE...
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this is a high-risk trade so please if you don't how to trade, how to secure your money or your running profits or nothing know in trading, no enter into trade
I will not responsible for the loss.
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stay tuned for the upcoming analysis of the coins
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if you want any coin's targets or analysis, or there is something not clear for you, just comment guys ;)
LIT/USDT Parabolic recovery on its way. Explosive?Litentry finally starts to recover from it's harsh decline during May and June.
We see a volume increase which is indicated in the daily chart with a cyan line.
The RSI on the daily shows a trend reversal analogue to the price action.
LIT now did face some resistance around 3.8$ but this is expected to be temporary.
The 4h chart shows a golden cross with the 50MA and 200MA involved.
A first target can be set around 6$ with the second around 14$.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- 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.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
$LIT/USDT 12h (Binance Futures)Falling broadening wedge breakoutLitentry has broken out of that wedge and seems to be almost ready for reversal, let's enter on 50MA retest.
Current Price= 2.819
Buy Entry = 2.684 - 2.416
Take Profit= 3.611 | 4.384 | 5.323
Stop Loss= 1.841
Risk/Reward= 1:1.5 | 1:2.59 | 1:3.91
Expected Profit= +41.61% | +71.92% | +108.75%
Possible Loss= -27.80%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
LIT Good opportunity for 30-50% gains LIT is now at the trendline support and a bounce is expected. The major resistance zone is $2.95-$3.05 and we will see a good rally after it breaks the resistance area. The triangle breakout will start a new trend.
Buy Zone: $2.43-$2.46
Target: $2.75 - $2.95 - $3.3 - $3.55 - $3.8 - $4.25 - $4.6 - $4.9
LIT/USDT Is About To Fly 🚀🚀🚀📈 LIT/USDT | Potential Upward Movement
💡 Buy Limit Order @ 2.473
🎯 Target Profit 2.626
🛑 Stop Loss 2.411
❌ Do not risk more than 1% of your account on each trade
Description:
The coin is traded inside a bullish flag formation. We noticed that the leg 2 of this pattern is about to coincide with the strong support which is located around the 2.482 USDT mark. This could cause a reversal to the upside and a move toward the target profit.
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LIT/USDT Recovery signs with 2.5x potentialLitentry as identity provider has to have a bright future within the crypto space where some transaction have to be verified with KYC.
Currently we look for a breakout of the downwards channel.
Once we pull this off we expect a nice recovery.
News:
LIT was added to Binance flexbible savings.
Partnership with Imeplatform and Decredit
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- 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.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
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.
LITBUSDI wonder whether the inverse Head&Shoulders formation shall work or not? You may observe the same formation in more or less all major altcoins.
LITUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. The price has reduced its strength and is starting to move downwards, and each time it has failed to defeat its resistance line, it is doomed to fall. For the above goals, if they have this currency, they will make a profit if they reach the top line of the save, and if the line breaks upwards and stabilizes, they will enter the trade for the above goals.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!