LIT - After breakout and DWF LabsLitentry both broke the falling structure and announced cooperation with DWF Labs. Let's see how it will affect the price.
LITUSDT trade ideas
🚨 Trade Alert: LIT/USDT (3-5x)🚨 New Trade Alert 🚨
✅ LIT/USDT (3-5x)
📉 LONG Entry Zone: 0.755 - 0.812
⛔️ SL: 0.724
🔒 Breakeven Move: When it moves close to TP2
🎯 Take Profit:
Short Term: 0.822 - 0.83 - 0.85 - 0.87 - 0.90
Mid Term: 0.95 - 1.01 - 1.06 - 1.11 - 1.22
📝 Ensure you set entry orders to balance the trade's entry and aim to secure 30% of profits within the first two targets. Once profits are gained, adjust the stop orders to match the entry points or break-even levels.
⚠️ Disclaimer: Historical earnings cannot assure future outcomes. Is there a potential for risk? Certainly. The entire financial market is susceptible to uncertainties; any underlying factor or abrupt shift in market sentiment could overturn the current market trends and lead to losses. Refrain from undertaking undue risks that might jeopardize your financial stability. You are under no obligation to engage in this trade; kindly avoid the trade if you disagree with the trade analysis.
GIS TRADING®
lit breaking out seems like getting ready for solid recovery
breaking symmetrical triangle in 3 days tf expecting solid breakout incase of successful breakout expecting 220 to 240% bullish rally in midterm
keep eyes on lit for confirmed breakout
LIT TREND-FOLLOWING Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
What's next on LIT.
As we mentioned previously in our analysis, price broke above our major swing high and bulls took over finally.
So, what we are waiting for?!
Price is now overall bullish from a medium-term perspective trading inside this rising channel,
And as the price will be approaching our lower rising trendline, we will be looking for new bullish reversal pattern as a trend following one.
Until that happens price is still also bullish from a short-term perspective.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
LITUSDT| We are trying to place buy orders in advanceHello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
The coin looks as if the correction will continue, I have identified several areas of interest for myself, I will try to buy it from below.
Deal plan:
Entry - 0.738/0.705$
Stop - $0.670
Take - 870$
Guys, be careful, the coin can show high volatility, if an upward movement occurs without correction to the marked zones, do not try to fly into a rocket along the way, this can be dangerous for your deposit!
#LIT/USDT - Long - Potential 109.27%DIRECTION: LONG
MARKET: SPOT/FUTURES
RISK: 0.25% - 1%
#USDT_LIT
EXCHANGE: BINANCE
TIMEFRAME: Daily
BUYS: 0.828
TARGETS
:
1. 0.885
2. 0.972
3. 1.120
4. 1.264
5. 1.466
6. 1.739
STOP: 0.596
LIT showing technical breakout again both in price and RSI.
200EMA crossed and held reflecting big interest following the Market Makers DWF labs taking a million dollar position in LIT earlier this morning.
I’m going to trade this carefully with multiple profits and I’ll pull he stop up to breakeven after hitting TP1 (around 5%) as this is either likely to fly or stall.
LIT VOLUME INCREASEThank you for reading our update. Please keep in mind that this is not trading advice.
LIT seems to build new unexpected volume
If the volume keeps going, it can have a high break, depending on whale interest.
LITUSDT Navigating the Bear Flag with Key Levels to WatchLIT/USDT is trading under significant resistance from a trendline that has held its ground through two separate tests. This established trendline showcases the coin's difficulty in surmounting this barrier. Whereas, currently, the price trajectory suggests the formation of a bearish continuation pattern. Notably, a bear flag seems to be in the making, which, if it plays out, will amplify bearish sentiments.
We should be vigilant for a potential price test towards the immediate resistance zone depicted on the chart. This zone coincides with our robust trendline, making it a critical area of confluence. Should there be a price rejection from the aforementioned resistance, it's plausible to witness a bearish dive. The immediate support, in this case, aligns with the pattern's bottom trendline situated around the 0.49 mark.
A decisive breakdown from here could propel the price towards the pattern's targeted zone, approximately at 0.15.
Although, at present, my eyes are set on a potential long opportunity. The current setup offers an enticing risk-reward ratio, but it's imperative to maintain a tight stop-loss, preferably just below the 0.49 level.
Your feedback and support fuel our analyses. If you find this breakdown valuable, please express your appreciation with likes and shares. Always remember to trade responsibly!
LIT BULLS TO TAKE OVER!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
What's next on LIT, MEDIUM- & LONG-TERM PERSPECTIVE.
As we can see price is still stuck inside this rangy market.
However, price is still sitting around our lower bound of this range, lining up with our massive support zone, where we will be looking for new longs as well.
However, for the bulls to take over from a medium-term perspective we need a break above the marked major swing high and round number 1, then a movement higher would be expected.
Moreover, for the bulls to take over from a long-term perspective, we need a break above the upper bound of this range, then we will be expecting a clean shift in momentum from rangy market for a new bullish market.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
📈 LIT/USDT: Dragon Pattern Break to the Golden Mean Ratio ~$4 Welcome, traders! We've got an exciting chart setup on the LIT/USDT pair. The dragon pattern is in play, hinting at a potential breakout targeting the golden mean ratio around $4. Let's dive into the details:
Chart Analysis:
Pair: LIT/USDT
Timeframe: Monthly
Key Observations:
Dragon Pattern: The LIT/USDT chart is forming a dragon pattern, which is known for its potential reversal and trend continuation characteristics. 🐉
Golden Mean Ratio: The breakout target aligns with the golden mean ratio, a significant Fibonacci level often used in technical analysis. 📊✨
Ascending Trendline: The price has been following a robust ascending trendline, indicating bullish momentum. 📈📈
Trading Plan:
Entry: Consider entering a long position upon a confirmed breakout above the dragon pattern's upper boundary, preferably accompanied by a volume surge. 🚀📊
Stop Loss: Place a stop loss just below the dragon pattern's lower boundary to manage risk effectively. 🛡️⛔
Take Profit Target: Aim for the golden mean ratio at approximately $4. This level could act as resistance, so consider taking some profits here. 💰🎯
Risk Management:
Trading cryptocurrencies carries inherent risks, and it's essential to manage your risk carefully. Don't risk more than you can afford to lose, and consider using stop-loss orders to protect your capital.
Disclaimer: This is not financial advice. Always conduct your research and consider consulting with a financial advisor before making any trading decisions.
Keep a close eye on LIT/USDT as it approaches the dragon pattern's breakout point. A move towards the golden mean ratio around $4 could provide an excellent trading opportunity. Happy trading, and may the markets be in your favor! 🚀💹
Note: TradingView posts are for educational and informational purposes only. Remember to perform your research and use proper risk management when trading cryptocurrencies. 📚🔍
LIT Growth Spurt: Buy Your Ticket to Profit!"Litecoin (LTC) is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. It was an early bitcoin spin-off or altcoin, starting in 2011. Litecoin is often referred to as "the silver to bitcoin's gold."
Litecoin has a number of similarities to Bitcoin, but there are also some key differences. Litecoin has a faster block generation rate (2.5 minutes versus 10 minutes for Bitcoin), which means that transactions are confirmed more quickly. Litecoin also has a larger maximum supply (84 million coins versus 21 million for Bitcoin).
Litecoin has been gaining popularity in recent years, due in part to its faster transaction times and lower fees. Litecoin is also one of the most widely accepted cryptocurrencies, supported by a wide range of exchanges and merchants.
**Recent news**
* On October 22, 2023, Litecoin Foundation announced a partnership with Mastercard to enable Litecoin payments at over 80 million merchants worldwide.
* On October 21, 2023, Litecoin Core 0.21.2 was released, which includes a number of bug fixes and performance improvements.
* On October 20, 2023, Litecoin Foundation announced a $1 million grant program to support Litecoin development and adoption.
**Disclaimer**
I am not a financial advisor, and this should not be taken as financial advice. Please do your own research before investing in any cryptocurrency.
Litecoin is a popular cryptocurrency with a number of advantages over Bitcoin, including faster transaction times and lower fees. Litecoin is also widely accepted, making it a good choice for everyday use. However, it is important to remember that all cryptocurrencies are volatile and risky investments. Please do your own research before investing in Litecoin.
LIT BULLS TO TAKE OVERHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
What's next on LIT.
As we mentioned in the previous analysis, price is still around a strong support zone and we are still looking for new longs as we did before.
Meanwhile, price is still in a correction movement, trading inside this falling channel,
And for the bulls to kick in for a new bullish impulse, we need a break above the marked major swing high, then a movement higher would be expected.
Until that price is still overall bearish and price can still trade more lower before reversal.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
LIT UPDATE: Symmetric triangleLIT UPDATE: LIT creating symmetric triangle on 1hr TF and breakout happen already but wait for 1hr candle to close above 0.714 for perfect entry because 0.714 has been acting as resistance so wait for breakout from it and entry even before I notify you all
Follow for more market update
LIT/USDT Breaks Bull Pennant what next? 👀 LIT Today Analysis💎Paradisers! Brace yourselves for a splendid opportunity with LITUSDT! We've observed it breaking the bull pennant and, after a pullback, it’s gearing up for a bullish move.
💎 In our previous observations, LIT formed a commendable inverse head and shoulder pattern, paving the way for a bullish trajectory. We are foreseeing two possible scenarios: one where it continues its bullish journey from 0.671$ and the second one initiates from the pennant resistance which is now acting as support.
💎 Another key observation is the role of VRVP, which is also acting as support, reinforcing the bullish trajectory. However, if the pennant resistance breaks, the price may experience a downward continuation.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!
Long LitLIT has just rebounded off of the EMAs, accompanied by the stochastic resetting, providing a clear signal of a bottom formation and confirming the initiation of the next bullish wave. Keep a close eye on the .74 price level, as this is where the majority of trading volume is concentrated.
Once we break this zone, my target is the 1.618 fibonacci level which almost gives us a 4:1 ratio from here.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
LIT IS VERY BEARISH (1D)On large time frames, we are in a falling diametric diamond. We think that D wave is diametric. Wave D of this diametric is a falling triangle, and wave E of this triangle is the only one left. After completing this wave, we expect deep drops. Future declines to complete wave E of this diametric.
LIT to face resistance againLIT UPDATE: LIT is moving to the daily resistance again at 0.8 and if daily candle close above it means we can see a run up to 0.95 or even 1.2 where bearish daily OB (order block) is…. In short, if LIT can’t close above 0.8 and get rejected for the 3rd time means we are going to see another bearish move to 0.7 (mid range) or 0.59 (low range) will need to be retest before we see another upward movement…. Wait for the high range to be break before going long on LIT
Lit 1w is bullish as well This is the weekly chart for Lit
We have huge gains for the future but most important it has to break the trend line and the POC.
Please stick to your SL or wait for the FED announcements this week, it is your choice.
All the best insha Allah
Lit 1d is super bullish if... Lit is really bullish now but we have to keep in mind couple of important things
1. It is to maintain the current yellow level
2. It has to breakout the POC with high volume
3. Since we are above point C, then we have to reach point D
4. With the upcoming news this week, we could see some retest at lower levels
5. Don't FOMO and be patient please
6. You can enter at this level with 50% and 50% if the price goes down to restst point C
Your SL is 1 day close below point C
All the best insha Allah!
Lit Short it at 0.59 when the price breaks down
Litusdt technical analysis chart.
If btc stabilize here then the price could breakout all depends on btc situation
LIT could be the next top gainerHello Traders,
Some coins/tokens with futures markets on Binance and Bybit have had nice p&ds recently.
They are manipulating these coins easily because these coins/tokens have low mc.
The funding rate is still negative. Keep an eye on it; break out could lead to significant gains.
Please hit the boost button and follow me for more ideas.
Thanks
Lit forming cup and handle?So this could be a measured move to 1.10 if the cup and handle formation playes out there is a significant amount of price action in that range. dating back to April this year
✴️ Litentry 200% Bullish TargetWe have two lines in this chart.
A blue line denotes the September 2022 low.
An orange line denotes the May 2022 low.
Litentry pierced the blue line in June and then again August 2023.
LITUSDT currently trade safely above this line.
The orange line remains untouched, a major signal of bullish strength (long-term higher low).
With high volume now and prices trading above EMA50 after a strong long-term higher low, LITUSDT is ready to produce a new bullish wave.
Here I am showing a 200% potential target.
This is not financial advice.
Remember to do your own research.
Use this information in the best way you can.
Namaste.
