LIT idea and AnalysisA young coin! Here you see targets in orange short lines and buy/danger zone in the green zone. So I believe we have to put stop-loss bellow the green zone even though you want to buy it cheaper.
LITUSDT trade ideas
Lition Crypto and 38% profit potentialAs you can see in the 12-hour chart and time frame, it has good potential to reach the second target. Do not forget capital management. Good luck .
LITUSDT GANN 4H BullishCurrently below the red line on the chart, and it has generally been trending on the upper red line. Drawing the gann from the all time low to the all time high, the purple line it bounced off recently was played out perfectly.
Two things I take away from this, large harmonic pattern forming, highlighted in yellow, and also that the price should be higher than what it is right now - at least to the red line. It should be going higher soon within the 2 weeks.
Wait for it to move upwards and confirm the support on the orange line. If price move upwards aggressively, you can take those top lines as TP points ( first at $13, next at $17).
If price gets rejected on the upper red resistance line, just wait for it to break it.
LIT/USDT Update: New entry zones for >100% TargetLIT has suffered a lot recently and could no unpack its true potential so far.
Longterm I am very bullish so we look for possible entries which are shown by the boxes.
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.
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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.
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/USD - On support, expect higher levels. LIT has found good support just under $9 as represented by this massive ascending triangle in blue. This daily candle is a bullish engulfing one at the time of this post. Provided BTC does not decide to crash, we can see some nice continuation on LIT price.
Key levels are on the chart. I do expect LIT to eventually re-test it's current ATH and push higher. Volatility on this coin has been rather high, but this is expected for any new coins in crypto, so do not panic when that happens.
Our next key resistance levels are found at $10 and $12. After that, ATH is next. Support holding well at $9 so far. As long as we are above $9 bias remains bullish. We're also curving nicely on 4h so we should have continuation up. But watch BTC.
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LIT_USDTThis one has got fundamental background to be much more expensive in the future.Too short chart to decide I know but..Could be just a beginning.I believe so and buying right now and will do some DCA orders if I could by cheaper.Have to say that in my style I am not using SL at all and wait till price go back again.Not using too big amount of money(I am operating just a couple of k usd,anyway :) And have to say I always have got some fiat and free btc to put if the price goes against me.What is your style? :)
Good luck!
Michal :)
LITUSDT still bullish but be careful...LITUSDT was slowly moving up inside a trending parallel channel inside an ascending triangle, which is mostly a bullish formation.
Yesterday it broke below the channel support and created a lower channel, but bounced back up, staying inside the channel so far.
If it breaks the triangle resistance level around 12.43, we can see 2 targets:
1. 14.70 area.
2. 18.80 area. Which is calculated with the height of the triangle, which coincides with the all time high spike.
This is not financial advise! please trade safely.
🔥LIT short term targets#LIT/USD
📌LIT short term targets
🔹Analytics: we came to the support zone, indicators show purchases, the nearest targets are 12.4$ - 14$
LIT/USDT : moving above bullish trendline BINANCE:LITUSDT
Hello everyone 😃
LIT had a pullback from MA 100 and now it's moving below resistance zone.
There might be heavy pressure for LIT below them but overall it's bullish !
As LIT is moving above MA 100 and bullish trendline, We'll use multiple targets to climb for 15$..
Also MACD is being bullish again, So We'll see more pumps in short-term.
🔴 Below bullish trendline will invalidate this setup !!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
Buy Zone and Target for Litentry LIT/USDTBuy Zone and Target for Litentry LIT/USDT
(Not financial advice)
LIT Symmetrical triangle + Cup and handle formationLIT is trading inside a symmetrical triangle which is a bullish pattern . It has also started to form a cup and handle pattern. One of the most bullish patterns. It will first see some more downside, but if the pattern plays out the break out will be huge.
LITUSDT seems to be forming a Ascending Triangle!!LITUSDT seems to be forming a Ascending Triangle pattern, so waiting for the confirmed breakout.
LIT Bull-flag breakout & TargetThis is lit. We have a really clean Bull-flag here, with volume breakout and now retested. Looking for continued uptrend. Enjoy :)
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LIT TARGET 73% PROFITExchange LITUSDT 1d Binance
Price: 11.83| 11.68| 11.09
Vol: 70,589|2,850,630|2,561,518
ATR: 1.7371
✅OBV: 156.2 M| 156.1 M| 153.3 M
⚪️RSI: 65.21| 64.65| 62.46
⚪️MFI: 72.62| 73.69| 69.48
⚪️CCI: 112.84| 120.31| 111.90
⚪️WR%: -24.31| -26.28| -31.87
✅ADX: 27.66| 26.60| 25.46
✅MOM: Bullish Momentum
✅SMA: Price is Above SMA Bullish
✅ADI: +DI >DI BULLISH
✅MACD: Bullish
✅PSAR: Bullish
Support And Resistance
S: $7.612
S: $8.065
S: $8.685
S: $9.206
S: $9.871
S: $10.332
S: $10.790
S: $11.400
R: $11.831
Volatility is moderately low
EXPERIMENTAL 🧪
⚪️RSI:No divergences
⚪️MFI:No divergence
⚪️FVE: No divergence
🐻Volume: Bearish Volume Trend
