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LITUSDT trade ideas

LIT/USDT Bouncing from the support, get ready for continue UP!💎 LIT has recently displayed notable market dynamics. Currently, LIT is rebounding from the support area, exhibiting a strong green candle, suggesting potential upward movement. 💎 To sustain this momentum, LIT needs to surpass the resistance at 1.74 to continue towards our target strong resistance area. 💎 However, if LIT fails to breach the resistance, there's a possibility of retracement back to the support area to gather new momentum for another breakout attempt. 💎 In the event of LIT failing to bounce from the support area, the next potential stop is the demand area. This zone holds significant importance, as a failure to bounce and reclaim the price above the support could lead to further downward movement. 💎 Should LIT break below the demand area, it would confirm a bearish trend, indicating the potential for further price decline.
by MyCryptoParadise_Nathan
1
LIT CONTINUATION ?!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. LIT CONTINUATION?! 📚 👉As we can see price rejected our lower rising trendline and support zone, as we mentioned in our previous analysis! 👉For now, and for the bulls to remain in control we need a break above the marked major swing high, then a movement higher would be expected. 👉Unless price managed to be trading again lower, where we will be looking for new longs on lower time frame. 📚 If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!
Long
by Hadi_karaali
LIT LET'S DO IT AGAIN!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. LIT LET'S DO IT AGAIN! 📚 👉As we can see price is still overall bullish from a long-term perspective, trading inside this rising broadening wedge. 👉Moreover, price approached a massive support zone, lining up with our rising trendline, where we will be interested in looking for new longs as a trend-following one. 👉Meanwhile, from a short-term perspective, price is still bearish trading inside this channel, and for the bulls to kick in we will be waiting for a new swing high to be formed around the falling trendline then a break. Until that happens, price is still bearish and can still dive lower. 📚 If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!
Long
by Hadi_karaali
LIT/USDT Keep an eye on the demand, Potential bounce back to UP!💎 LIT has recently experienced significant market dynamics, encountering a strong rejection in the supply area. 💎 There is potential for LIT to undergo a retest of the demand area around 1.25. A positive sign in the demand, such as a bullish candle rejection, could signal a bounce in price and a return to upward movement, potentially testing the strong resistance area once again. 💎 However, if LIT fails to bounce when it reaches the demand area, and even breaks down below it, it would indicate bearish momentum, with the price potentially targeting the Bullish OB area around 1.035. 💎 When LIT reaches the bullish OB area, it's crucial for it to bounce and resume its upward trajectory. Failure to sustain this area, resulting in a breakdown, could further signal bearish sentiment and lead to continued downward movement for the price.
by MyCryptoParadise
1
LIT - A trade opportunity with a profit potential of +730 %#LIT/USDT Analysis Description --------------------------------------------------------------- + LIT has formed a promising saucer pattern, typically regarded as a bullish indicator. + Currently, the price is lingering near the resistance zone, suggesting a potential breakout in the near future. + I've identified a compelling trade opportunity with a profit potential of +730% (leveraged at 10x). I'm initiating the trade at the current price, allocating a small margin of 0.25% of the trading capital. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price:1.267 Stop Loss: 0.992 ------------------------------ Target 1: 1.371 Target 2: 1.524 Target 3: 1.787 Target 4: 2.203 ------------------------------ Timeframe: 1D Capital: 1-2% of trading capital Leverage: 10-15x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
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. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!
Long
by CobraVanguard
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.
by MyCryptoParadise
1
LIT BULLS TO TAKE OVERHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. Here is a quick update on LIT📚 👉As we can see price broke above our major swing high rejecting our massive support zone, Meanwhile, price is retesting our previous major high, Where we will be looking for new longs as well. 👉Moreover, from a medium-term perspective, price got stuck inside this range, and for the bulls to kick in from a medium term, we need a break above the upper bound of this range, then a movement higher would be expected, Meanwhile, from a shorter-term perspective, we need a break above the marked swing high in between, for the bulls to trade higher from a short-term perspective. If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!
Long
by Hadi_karaali
4