Get started

LIT

This Altcoin is LIT!Stepping out of my comfort zone and doing some technical analysis on a coin that has only been trading live for a few days: Litentry (LIT). Using our margin buying support levels, we can predict a 2x move up to $14 from the most recent support level of $7.00. Entering this trade on 2x isolated margin under $8 is ideal, because it places your stop loss below $4.11, which should act as support in the case of a dip. Disclaimer: *not financial advice, this is just an exercise on my part - I am not entering this trade myself.
Long
by SistineResearch
1
🔥 LIT/USDT ICO Going ParabolicRecently, Binance has allowed LIT to trade on their platform. As you can see on the chart, there's a clear big interest from investors in this coin. A lot of coins which recently had their ICO are doing fantastic, so naturally there's lots interest in any of Binance's ICO's. With volume picking up every day it's clear to me that LIT has a bright short term future ahead. On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence. Happy trading!
Long
by FieryTrading
28
Lithium ETF - Needs a small pause to recharge 🔋🔋🔋Lithium has been one of our most successful 'explosive' trades and it has proven as right. Our first post on June 17, 2020 was the beginning of a series of trades on our ETFs account and the price has over-doubled ever since. Later on we posted this about how 'Lithium is power' and indeed we had a further rise of over 40% until then. At this stage we have reduced our positions dramatically as we expect a correction as shown on our chart. ps. we do a LOT of research on Lithium and others. We highly recommend this YouTube channel📺 for Lithium research, news and interesting facts, as well as plenty of Tesla research and analysis. (and also this Lithium from the legend, Kurt Cobain👼🎸)
AMEX:LITLong
by FX_Professor
2
The beginning of a pullback? I've been watching this ETF for a while, always trying to buy at the exact point but couldn't just because I was afraid that it would go down just before I buy. Since November is been acting with divergence with its RSI so I waited, and now I think the pullback just begun so I'll keep waiting but more active. I like to buy when the price tests its MAs, especially the 20 day MA. This time I think it could test the 50 day MA but anything can happen so the best thing is always wait and be patient, but I'll put a signal on $48 to wait actively.
AMEX:LITShort
by dpuleo19
Pure Minerals PM1 (ASX)Another for all battery lovers. this is a very small cap stock <10m, some positive results have come out. There is a clear bottoming pattern here and we are in an upward channel, positive divergence has been building on this stock for some time. We have made a first try at breaking out and pulling back now into the channel. there is not much resistance in the chart to the .09 level that is 400% gain. some more accumulation will occur here before breaking out to the next level. you can also refer to my LIT chart which I am using to track the sector.
PLong
by djmitchb
1
Lithium LITHello, Lithium global etf continues to be in a larger bull trend since late 2015 bottom at 14$ we broke out of a long downtrend in october 2019 and continue to stay in the bigger channel upwards Right now we are overbought and will re-trace before another leg up. the 50Daily MA is firmly above the 100Daily and the 200Daily average. based on the cycles of around 450bars each we are only 25% into this upcycle, the last 3 cycles were around 1.5years I'm expecting a retrace to the daily averages where now we have a strong zone of support between $25-$26. after we should see moves towards the target zones 50fib 61.8
AMEX:LITLong
by djmitchb
7
Lithium ETF clean EW and supportThis ETF has completed a nice 5W down, very precise 5=1, The W3 is a bit short, although there's reasonable subwave in there. Add to that the support from 2013-2015 and more recently in late 2016, which is where we are now, and if W2 is .618 and W4 is 1.0 we have a fairly neat 1.618 to finally reverse at here. Climbing back to 29 allows me to place a wide stop of 21 under 2013 and 2015 lows and still get a 2.5:1 trade, shown by the green and red lines. The volume bars look quite encouraging close up, as well, it tails off into the decline. The way to trade something like this is to think either the Oct 16 support of 23.35 will hold or it won't. If it doesn't, then we are straight down to 21.75, ie it's unlikely to bottom in between these prices. So you can either enter here and add at 21.75, not higher (but with the same 21 stop), or even wait for 21.75. Conversely if this is the bottom, we'll know when it breaks 26, allowing you to add (and move the stop up to 23). One sore point is that the ETF keeping missing on earnings, presumably from its major component NYSE:ALB. Hopefully, this will get better, but the trade should be managed carefully through the next (Q3) earnings date, which for ALB is Nov 6th.
AMEX:LITLong
by adatherton
1