LITUSDT trade ideas
LIT Bullish Signal for April - new ATH > $15.00-- Technical --
Price has dipped to a recently low and building up to a new ATH . Volume is supporting new upwards trend.
Expect to see new ATH and potential price exceeding $20 in the coming weeks.
MACD is turning into bullish trend on the 1H.
-- Fundamentals --
Binance is promoting LIT and is offering prizes for best execution and trading of LIT. FYI $50k to best execution trader. Price action very bullish
LIT will support KYC function on the Polkadot blockchain and has large long-term value.
Happy Bull Market come Alts season.
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$LITUSDT - Triangle breakoutHello everyone!
LITUSDT has completed a breakout and a retest of the triangle and is heading towards $17.5.
LIT/USDTBINANCE:LITUSDT
This new coin been consolidating in the triangle for some time. Sitting on the strong level. Expecting break-out towards higher targets in the red blocks.
Alternatively we break down. Use the stop under dynamic support.
Good luck
A low risk tradeBINANCE:LITUSDT
Now it is one of the very good conditions
for buying because bitcoin has rising
conditions and the currency hood has
just broken the triangle roof and is ready to fly.
This transaction can be a low risk transaction
LITUSDT (2 Scenarios) TP1:$29, TP2:$38The Grand Wave 1 is done and Grand Wave 2 gives us two scenarios :
1:
IF: ABC and the triangle breaks to upward it will lead the market to 29.31. The you close half or all of your positions and buy again at rate: 23.75 and hold it up to 38.28.
2:
IF: ABCDE happens market will move back to $8.9 and you take the second order at this rate and hold it up to 29.31, then close half or all and buy again at 23.75, then hold it up to 38.28.
Good luck
LITUSDT BuyHello traders!
LITUSDT is inside a channel when it is close to the bottom then open the entry in this pair.
Stop-loss is set below the channel because if the market pushed it downside then it's not a good buy now.
Support the idea by hitting the like button and follow to stay connected.
LIT breakout - ideaLIT break-out.
Just some thoughts on how a continuation of the breakout could play out.
LIT/USDT Update: Partnering with Injetive Protocol. 50$ is nextLitentry still did not move since it's listing on Binance.
We now broke out of the purple flag and try to use the yellow line as trampoline.
Litentry still seems the only real contender for Identification along the blockchain industry.
At some point we have to be able to use identification if need be.
Since we are so bullish on LIT we have to put our new target to 50$
But don't hesitate to take partial profit on the way.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- 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.
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.
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.
