LITUSDT trade ideas
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
LIT/USD - Ready for ATH! $14 incoming...LIT has recovered very well this past week and now we are one resistance away from ATH and re-test of $14. Not bad.
The indicators on 4h and daily are both bullish therefore with a bit of volume we should be at ATH in no time. That is less than 20% pump away.
MACD is positive, RSI is rising... good stuff. There is nothing bearish on this chart. The only thing that can turn us back is a sharp rejection on BTC or ETH, but that looks unlikely.
Bias remains very bullish on LIT and long term I can see this baby going to $40 plus.
Enjoy the profits!
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LITUSDT Keep your eyes here 📈Wait for breakout and as soon as it happens LITUSDT will be ready to fly higher!
Luxury Trade💰One more idea for Friday, wolves🔥
There is an ascending triangle on LITUSDT crypto pair.
There was a bullish trend before.
According to Elliott Waves theory Wave C is done and price broke resistance zone. So this triangle became circumcised.
Follow the chart and look for the best price to enter.
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And always remember: "we don't predict, we react".
LITUSDT - by buying liquiditylast idea:
Preconditions:
- key level
- accumulation
- global uptrend
- locally uptrend
- false break out
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Bullish case for LIT- Ascending triangle
- Golden pocket on FIB retracement
- MA's curling away from eachother
- Volume declining
🔥 LIT Potential Bullish Triangle Break-OutLIT has been inside this triangle for a couple of days now. After seeing big gains on the 14th, the price has been consolidating for a while, whilst definitely showing the urge to rise again. If the market stays in its current state, I expect the triangle to be broken within the next 48 hours. Place your entry accordingly.
Happy trading!
