LITUSDT trade ideas
Lit to 3$The previous planb played out pretty well. got rejected and former support is now heavy resistance. don't expect to cross that in the close future. If the support area near 6usd to be broken, we will complete a classic H&S and get even more discount, 3 usd would not surprise me. all makes sense only of btc is to break 45k thus creating some more bearish momentum
LIT/USDT Trying to recover and close to supportLitentry took a heavy blow from the last Bitcoin downfall.
Now trying to recover it needs some attention since the volume currently is too low.
Maybe the "Farming" opportunity at Cakeswap will help.
Reef is having a hard time and is close to two resistance lines.
Expect a small pullback to gain some momentum for a breakthrough.
Bitcoin is consolidating which normally is a good sign for altcoins.
Enjoy the ride and don't be too greedy.
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ps.
Chart explanation:
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.
Purple lines are trendlines we take a look at.
Yellow lines are for visual help only.
LIT Scalp Long!-382 Fib, 21EMA, re-test of broken resistance, horizontal support
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LIT/USD - Resistance broken, LIT about to blow-up! 🚀LIT just broke a key resistance that held us back in the past. We moved above $9.5 which clears the path for price to test the $10 and if that wont hold us down, then we're on a clear path to re-test ATH level at $14.7.
The indicators on 4h look great, particularly MACD which did a lovely cross on the positive side, RSI is moving higher and this break of resistance was on good volume!
Bias is bullish on LIT and remains so as long as we keep price above $9. This move has legs and can run much higher, particularly as BTC is looking bullish as well. So keep an eye on the overall market as well (my BTC idea is below).
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BINANCE: LIT/USDT🛒 Pair: LIT/USDT 🛒
== SPOT==
⏰ 1399/12/07 ⏰
🕰 25/02/2021 🕰
Duration:
📈 SHORT - MID 📈
Ex: Binance
#60
🛒 Buy1 : 9.00 - 9.50 🛒
👉Sell Targets👈
🎯TP1: 9.95 🥉
🎯TP2: 10.45 🥈
🎯TP3: 11.45 🥇
🎯TP4: 11.45 🏆
🎯TP5: 12.95 🚁
🎯TP6: 13.90 ✈️
🎯TP7: 14.5 🚀
⛔️ SL: 8.45 ⛔️ 4HRS CANDLE CLOSE
Lit on the verge to breakout?If Lit should successful breakout this will be a rocket as long as btc remains stable and not make drastic moves.
GL.
This is not a financial advice
LiT is bullish and preparing to break recent resistance.If Lit should break he resistance highlighted as green then that's a go only if bitcoin maintain and gather momentum.
GL
Lit on the Rise ? My fist IDEA Not advice, just my own trade and Idea.
Is LIT on the rise ? It seems to have pushed off its trend down for the first time in a few days, if it holds 9$ And can push past 9.5 it could be on the rise, if BTC can push to 51-52 then it would help this idea i think.
Not financial advice, this is my own trade and just a idea nothing more.
Ps this is my first posted idea. Good luck !!
LITUSDTLet's try new entries since btc is calming down:
entry: around 9.27
TP1: 11.64
TP2: 14.71
TP3: 16.69
TP4: 18.69
SL: 5.9829
Check my website for tutorials, examples and calls :)
cry-pto-surf.com
- My trades are not financial advices
- always use stop-loss
- invest only the amount of money you are ready to lose
- trade with a strict money management method
Target 10.5Following 15 minutes chart
The formation can lead us to 10.5 at least more in 4h chart.
TP 10.5
SL 7.0
🆓Litentry/USDT Analysis (25/2) #LIT $LITLIT is heading to 11$ after testing the 7$ zone. If it conquers 11$ zone successfully, we can see it at 15$ zone.
At this moment, we have no enough data to calculate the higher targets
But if it loses the 8$ zone again, the worst case will be happen when LIT may dump to 5$ zone
📈BUY
-Buy: 7.8-8.2$. SL if B
-Buy: 10.5-11$ if A. SL if B
📉SELL
-Sell: 10.5-11$. SL if A
-Sell: 14.5-15$. SL if A
♻️BACK-UP
-Sell: 7.8-8.2$ if B. SL if A
-Buy: 4.8-5.2$. SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
LIT go up?I think we can start accumulate now, as long as the price stable between 8.5-8.8 it will go up in no time.
