LIT new signalwe are looking at 4H LIT chart structure. as it is clear LIT is going to breakout the triangle pattern and by breaking out we can take a long position:
Entry point: 10.95
Target1:12.35
Target2:13
Target3:14.5
Target4:18
SL:9
LITUSDT trade ideas
LITUSDT (LITENTRY) - POSSIBLE PRICE ACTIONS ANALYSIS 🔎
- LITUSDT is consolidating in a symmetrical triangle (ST) pattern .
- A relatively big move is imminent.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend ⬆️: horizontal resistance levels (R1, R2).
- Downtrend ⬇️: horizontal support levels (S1, S2).
LITUSDTEasy trade - after break out the MA we can go in.
LIT will go probably higher then 12, but 20% is good profit without lvr. If you want you can sell part od LIT on 12 usd and try to take rest of profit around 15 usd. You SL can be placed to 11,5 and you can´t lose your money.
Danger: BTC - if will go up or down fast, alts will be blocked by domininantion of BTC.
LITUSDT Symmetric Triangle formation#LITUSDT (Day Chart) Technical Analysis Update
Waiting for the symmetric triangle breakout
LIT/USDT currently trading at $9.97
Buy-level: Above 11.20 (only buy if 1 day candle closes above the triangle)
Stop loss: We will update once we see the breakout
Target 1: $12.45
Target 2: $14.65
Target 3: $18.40
Target 4: $20.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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LITENTRY strong upward movement TO THE MOON!!!Look on chart,
I expect an explosion to the moon - LOOK ON CHOP INDEX
RSI INDEX and MACD also look like a bull
TP1: 12,20
TP2: 14,78
TP3: 19,10
TP4: 22,19
My own Analysis DYOR LITUSDT (litentry)This is Purely My Own idea. 18.8 usdt is the mid term Target for Me. I will book my partial profits in every upcoming opportunity.
LIT looks great for another leg up - giant bull flagYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
LIT forming symmetric triangleLIT is forming a symmetric triangle on the daily chart. A breakout will start a new rally in LIT. LIT is a binance launchpool coin and ready for the Polkadot ecosystem. Build your position in LIT.
Buy Zone: $8.6 - $9.1
Target: $9.9 - $10.7 - $11.6 - $12.5 - $13.7 - $14.9 - $16.2 - $17.5 - $18.8 - $19.9
LIT/USD - Light it on fire, LIT about to POP! 🤩LIT has formed a beautiful ascending triangle and is now posed to move higher as we passed the local resistance indicated by the dotted line.
We are just under the $10 resistance line which will keep price wondering what to do for a while, but with ETH setting a new ATH every day now, alts and LIT as well, will pump... hard.
I expect great gains with LIT, particularly looking at the indicators, where MACD on daily just did a cross on the positive side. This is VERY bullish.
RSI climbing higher as well. The only thing missing is volume. Soon.
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LITUSDTIs LIT waiting for an explosion? Looking forward for it!
Waiting for 2 more confirmations like 7 EMA to go above 25 EMA and for yellow MACD to go above the red line, but chart is looking good.
I am not a financial adviser, just looking at the patterns
LITUSDT long Risk 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!
LIT/USDT Update: Genesis block on parachain generatedLIT is forming a flag and we are getting closer to the end.
There were some good news that LIT got a place within the parachain of polkadot.
The price however did not respond to that.
We guess it will soon and it's upwards.
The volume decreased since the launch as it would do within a consolidation phase.
--> Looking for a sharp increase.
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.
💡LIT: BUY Trade🚀🚀🚀🚀🚀🚀 #ALTSEASON2021📈#LITUSDT
➡️Entry: 9.3$
🎯Target 1: 11.6$
🎯Target 2: 13.7$
🎯Target 3: 16$
