LITUSDT trade ideas
$LIT can reach higher soon as we thinkafter a nice upwards move, we might have some refuelling after profits took... i marked a zone to refill to next move up to ATH, wich was in his inception day !!! WTF !!! :D :D
nice project, good to do some trading ! DeFI is the hype, so use it on your behalf !!!
LIt rejected when trying to re-enter bullish channelLit got clearly rejected when trying to get back in to the channel, see highlight. If support (upper green box) to be broken, downwards action expected. The pitchfork , in which the middle line is the median of the price action, might give some guidance in finding a new channel. when 1). reaching the bottom of the channel 2) near the support (BOTTOM GREEN BOX) and 3 bullish divergence on the RSI , that might be a strong buy signal.
when breaking the upper of the pitchfork , the schiffline (purple) needs to be broken to end the downtrend.
This scenario only makes sense if first support is to be broken
LITUSDT/1H (UPDATE OF LAST CHART)I can see triangle and bullish falling wedge pattern on the chart.
I think price will rise to the last price (1st rise = base of triangle) due to we saw breakout from triangle and then will pullback on consolidation area (2nd tp will active if you see this pullback) and keep moving it trips as you see.
1st tp and 2nd tp are at strong Fibs area and among them we see another Fibs area (1.618 & 2.618 ) that will be able to reverse trend.
LIT nice retest on DailyHi traders!
Very nice retest of horizontal level on LITUSDT
Bullish expectations is still valid!
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LIT/USD - Lit is getting ready to PUMP! 🚀Check this chart out guys. LIT broke above the current resistance and is now making it support. If the momentum is maintained, we're looking good to go higher.
MACD is preparing to do a positive cross, RSI is going up and volume was very healthy on this last breakout.
Therefore, continuation is expected which should bring us to at least $12, then $15 again.
On a medium term, I expect LIT to reach $16. Then later push much higher.
Bias remains bullish so long we hold above the support line, so far any time LIT dropped to $10 it was a great buy zone! Unlikely we will get it again.
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LiT next target 17$As the previous retrace bounce from the reload zone near the 0.618 FiB and broke the 1st resistance that is now the next support to be tested, we can see an upcoming bull trend for LiT with new ATH at 17$ .
$LITUSD - AB=CD pattern on the watchHello everyone!
Lit is one of the coins to consider for a mid-term investment.
The correction of the last impulse has ended at 0.618 and LITUSD broke the local dynamic resistance, hence I believe the next impulse is on the way.
LIT/USDT : Targeting 15$BINANCE:LITUSDT
Hello everyone 😃
LIT Had a breakout from bearish trendline and now it's above 11$ resistance zone.
MACD is bullish and MA 200 is supporting movement,
But on other side, There's A resistance made by MA 100 and bullish trendline !!
We might see a rejection on current zone, But Majority is bullish.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
LITUSDTHello to you all. Mars Signals team wishes you high profits at all times.
As you can see the price is going to go out of the line.
According to the high fall the price has experienced, we should not ignore that it will fall again.
But if the price is able to break its line again, its reasonable to enter the trade after the pull back for higher prices.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Thanks to BTC Dominance!!Hello guys
Thanks to dominance we have been thrown out of the channel but we are still good, don't panic or close your position it's time to fly.
