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LIT / TetherUS

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LITUSDT trade ideas

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. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Long
by DU09
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.
Long
by tumbler55