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LIT / TetherUS

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LITUSDT trade ideas

LIT LONG TERM BULLISH REVERSALHello 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. QUICK UPDATE ON LITUSDT As we can see price is still around a strong support zone Where we are speculating a bullish reversal However, price got stuck inside this range, For the bulls to kick in from a long-term perspective we need a break above the upper bound of the range, Which is a major swing high. Unless price managed to dive one more time inside our support Then we will be looking for new longs from s 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!
Long
by Hadi_karaali
5
LITUSDT Weekly S/R| .618 Fibonacci| Price Action| Trend Evening Traders, Today’s analysis – LITUSDT – rejecting from its .618 Fibonacii and is now trading below key resistance, Points to consider, - Price action impulsive - Daily S/R Resistance - Weekly S/R Support - Price Action Range LITUSDT’s immediate price action is trading under resistance, as long as price stay below, it is likely to trade lower. The Weekly S/R is the immediate support, holding this area will create a local price action range, allowing for potential accumulation. How price action trades within the range will dictate the immolate direction Overall, in my opinion, LITUSDT needs form a constructive range before the next expansion Hope this analysis helps, Thank you for following my work And remember, “Once you find the system that works for your style/personality and confidence is gained, wash, rinse, repeat over and over again.” – Sunrisetrader
Long
by AzizKhanZamani
4
LIT LONG AND SHORT-TERM PERSPECTIVE 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. LET'S GO OVER A QUICK UPDATE FOR LIT As we clearly see price broke above our major high and traded higher as per our last text analysis So, for now we from a short-term perspective we are bullish. Unless price managed to break below our last major swing low then a new dive inside our support zone will be expected Where we will be looking for new longs since we are still around a massive support zone Meanwhile, we are still waiting for the bulls to kick in from a long-term perspective by breaking above our major swing high from daily time frame. 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!
Long
by Hadi_karaali
2
LITUSDT is testing the supportThe price is testing the support inside a triangle after a false breakout How to approach it? IF the price is going to lose the support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
5