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LITUSDT trade ideas

LIT BULLS CONTROL 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. LITUSDT, as we clearly see price is diving inside a massive support zone from daily time frame So, for now what! For now, and for the bulls to kick in and prove control we need a break above the range (upper bound) Unless price managed to break below this range then a movement lower would be expected 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
LIT DECIDES WE REACT !Hello everyone, I am Hadi Karaali, known as Sniper_FX if you like the idea, do not forget to support with a like and follow. LITUSDT, as we can see price got stuck inside this range from a medium-term perspective However, we are now around a massive support zone from daily time frame where we are intrested in new buys setups So, what is the next step for LIT As shown in the picture for the bulls to kick in from a short term-perspective we need a break above the first neckline From a medium term we need a break above this range which happens to be also the major swing high To say yes, the bulls kicked in finally Until that happens price can still break the lower bound of the range for a new dive inside the support And as usual follow your trading plan and manage your risk. Be patient and good luck!
Long
by Hadi_karaali
5
LITUSD LONGPossible upward movement of the pair. Price is currently in a lower bound trading zone with significant volume making stops and holding rejections at the bottom of the price near the 55 period EMA , essential in my strategy for analysis of potential trend continuations. Indicators like Squeeze Momentum and the MACD histogram have turned bullish after their red valley; accompanied by the loss of bearish strength indicated by the ADX rebounding towards the EMA . The MACD lines would be giving a possible buy signal soon. I think you could go looking for the previous high price zone when you see indications of a bounce move higher on the 4-hour chart. In 1 hour timeframes we see that it has broken the bearish structure, forming higher lows than the previous ones. If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and makes a range, it will be better to close the operation in case it is possible.
Long
by alcaedad
LITUSDT - Short - Broadening wedgeLIT is currently forming an ascending broadening wedge on 4h timeframe. An ascending broadening wedge is a bearish reversal chart pattern. Where the upper line of the wedge acts like a resistance and the lower line acts as a support. Looking at the chart we can see the RSI is suggesting an overbought condition. So it´s likely for the price to go down. Also we can see at 04:00 there was a lot of pressure from the sellers. So the price is most likely to go down. First target one should be prioritized. When the price breaks out of the pattern the final target could be considered. All the details are shown on the chart. Goodluck!
Short
by vf_investment
3
Golden Cross is a Golden Strategy?Hello Hello Traders , Please if you like the ideas, don't forget to support them with likes and comments thank you very much. Here we go , I want to talk with yours about Golden Cross. Defination, The golden cross is a chart pattern with a short-term and a long-term moving average. Generally, 50-day data is used for short-term moving average and 200-day data is used for long-term moving average. This pattern can occur at any time, and the main idea is that the short-term average and the long-term average cross the long-term average from the bottom up. Let's look at the stages of when we can decide that it is a golden cross. Step 1 , ⦁ During a downtrend, the short-term moving average is below the long-term moving average. Step 2 , ⦁ With the appearance of a trend change in the market, short-term moving averages exceed long-term moving averages Step 3 , ⦁ In an uptrend, the short-term moving averages stay above the long-term moving averages. The summarize of the Steps, The first phase requires that a downtrend finally bottoms out as the sell-off is exhausted. In the second phase, the short-term moving average surpasses the longer-term moving average, indicating a trend reversal. This is a bullish signal. In the final stage, the uptrend continues until higher prices and its short-term movements remain above the average, long-term. Until the intersection of death is seen. When we look Our Chart , I examined 2 golden crosses of BTC-USDT formed between 27 July and 19 November. First Orange circle , As you can see on the chart on July 27, the 50-day bitcoin average cuts the 200-day average from below. At this stage, we see that the BTC-USDT value has increased with the high purchases. With the death cross that took place on September 13, btc usdt went down with high sales. Second Orange Circle, As you can see on the chart on Octobe 6 the 50-day bitcoin average cuts the 200-day average from below. The rise with high purchases shows us the effect of golden cross on coins. With the realization of the golden cross, btc usdt continued to rise above the 50-day average and saw the top point in the period on November 11th. With the death cross that took place on November 19, btc usdt started to decline. Conclusion, Period represents a specific time period. The most commonly used moving averages when evaluating the gold cross indicator are the 50 and 200-period moving averages. In general, larger timeframes create stronger permanent breaks. The higher the chart time frame, the stronger and more persistent the golden cross break will be. The long-term moving average is a strong support area when the crossover occurs. Therefore, when there is a golden cross, it is a high buy zone and at this time we can make the necessary investment in the coin. I really hope it will be useful for you. Make big profits!
Education
by vf_investment
LIT has grown by more than 25% in the last 24 hours!LIT has grown by more than 25% in the last 24 hours. The price of this currency was corrected after hitting resistance in the range of 0.93 to 1 dollar. But in the previous few hours, this resistance was broken. The price hitting the range of 1.20 to 1.33 dollars has caused a strong price reaction. But we expect the $1 resistance to having turned into support. In this case, after the pullback to this area, there will be a possibility of breaking the current resistance and further increasing the price to the range of 1.54 to 2.20 dollars. It should be noted that the price trend in the daily time frame is still in the range, and it is rising in the 4-hour time frame. Therefore, we can consider the price inside an ascending channel. A break of the desired resistance could trigger the next $2 target for buyers.
by MonoCoinSignal
13
LIT LONG TERM Hello Traders and everyone, HADI IS HERE If you like the idea, do not forget to support with a like and follow. LIT, as we can see from daily time frame price is clearly overall bearish making clean lower lows and lower highs however we are now trading inside this range and around a massive support zone where we will be searching for buy setups For a long term perspective and for the bulls to kick in we need a break above this major swing high and the range to say "yes" now bulls are in full control until that price can still dive inside the support zone before a full reversal and as usual follow your trading plan and manage your risk. Be patient and good luck!
Long
by Hadi_karaali