LITUSDT trade ideas
LIT - BUSD trade idea (Litentry) LONGprice has broken EMA 50 1D (strong dynamic support or resistance level (now acting as support)
you can take longs once the price gets above EMA 8 4H and take profits at the upper line of the triangle.
if the price breaks the triangle we can take longs again to target levels!
if the price goes down at this point (best entry points would be 3.2 to 3 USD per LIT
stop loss must be UNDER EMA 200 4H with space to breathe
trade safe!! enjoy the ride!
Litentry (LIT) formed bullish Shark for upto 25.5% rallyHi dear friends, hope you are well and welcome to the new update on Litentry (LIT) token.
On the 4-hourly time frame chart, the priceline of LIT has formed a bullish Shark.
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.
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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/USDTPLIT is in uptrend channel if this channel is never break then we see #lit going up...right now buy and hold for touch the first flag shown in chart...and make good profit and also like my idea...
I"M not financial adviser...
LIT up up upRisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
LITUSDTPERPENJ 3 Targets Hit :boom: (+12% Profit) :pro_check:
SAND All Targets Hit :boom: (+20% Profit)
MANA hit all targets :pro_check:
:boom: (+37% Profit) :pro_check:
MATIC hit 2 targets :boom: (+4% Profit) :pro_check:
LINK USDT T 2 :dart: :pro_check: (+10% Profit)
GRT USDT T2 :pro_check:
(+10% Profit)
RUNE 2 Targets Hit :pro_check:
(+9% Profit)
SRM 2 Targets Hit (+7% Profit) :pro_check:
RUNE 2 Targets hit (10% Profit) :pro_check:
GTC 2 Targets gut (8% Profit) :pro_check:
SAND Targets Hit (+20% Profit) :pro_check:
SUSHI :pro_check: (+27% Profit)
THETA 2 targets hit (+10% Profit)
XLM Targets hit :pro_check: (+95% Profit)
GTC Targets hit :pro_check: (+30% Profit)
ALPHA Hit all targets (+30% Profit) :pro_check:
CELR Hit 2 targets (+8% Profit) :pro_check:
ALICE Hit all targets (+33% Profit) :pro_check:
SUSHI All targets done :pro_check: (+30% Profit)
XEMUSDT 2 Targets done :pro_check: (+10% Profit)
DOGE All Targets done :pro_check: (+80% Profit)
DOT SL Hit (-56% :red_square: )
LITUSDT - 1D - LIT targeting top of giant channel LIT USDT seems to be in a giant channel
Bounced twice on the lower part of the channel.
Still the Ichimoku to be passed.
6$ should be a good TP zone
Depending on BTC's future but if ranging during summer this can possibly happen
$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
LITUSDTPERPIt expecting short on 4h as TOUCHED by EMA200 (RESISTANC). IT could form a bearish trend and reasonable to SHORT POSITION
LITUSDT - Long - Potential 46.23%LITUSDT - Long - Potential 46.23%
Exchanges: Binance
Signal Type: Regular (Long)
Entry Zone:
2.2184 - 2.4789
Take-Profit Targets:
1) 2.5799
2) 3.0207
3) 3.5836
Stop Targets:
1) 1.9158
Entry Triggers- BTC bouncing nicely plus a TD9 with an oversold reversal.
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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Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
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🙂 Good Luck!
