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LITUSDT trade ideas

LITUSDT PA Range| Range High and Low| Accumulation Evening Traders, Today’s analysis – LITUSDT – trading with in an accumulation phase where a breakout will be bullish, Points to consider, - Price Action Impulsive - Range Low Support - Range High Resistance - Low Volume LITUSDT’s immediate price action is ranging between two key boundaries, this is indicative of accumulation. Breaching the Range High will allow for a long biased entry, this volume on the break must be increasing as to avoid false breaks. The RSI is current neutral, remaining in its bullish control zones will be indicative of strength. Overall, in my opinion, LITUSDT is a valid long with define risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “Sheer will and determination is no substitute for something that actually works.” – Jason Klatt
Long
by AzizKhanZamani
1
LITUSDT - LITENTRY --> Potential Entry Setup //+60% \\MODERATE TO HIGH RISK SETUP! LIT is showing very healthy price action, its one of those alts that's been overreacting to btc going up and underreacting to it going down. Its had some nice touches off 2 FIB levels and there is a very common trend line where LIT loves to come down and ounce off. Usually when it hits it, it doesn't come down much further. BUT! BTC is far from out of the woods, it could easily dip 4%, which could bring LIT down 12% and below the dotted trend line i have marked. Time your entry with where BTC bounces... if it comes down. This is what makes it a difficult entry. Set your buy limit greedily and live with the fact you may not get it. By greedily i mean set it low. -=-=-=-=-=-=- LIT TRADE -=-=-=-=-=-=- BUY: 7.9 TARGET: 12.9 STOP: 5% below your BUY -=-=-=-=-=-=- I love Litentry. One of, if not the only, project dealing with identity authentication in crypto, which is a side to transactions/defi/exchanges that is desperately needing a solution for. I love its price, i like its tokenomics, its team is very active. I think this is a fantastic price to be buying LIT and looking back at LIT price action, when it reaches this zone of price, it VERY often goes up 50%. --==--==--==----==--==--==-- Fundamentals --==--==--==-- Rank #305 Market Cap = $157,704,482 Decentralized identity authentication Total Supply = 100,000,000 --==--==--==----==--==--==--
Long
by tommytoan11