LIT
LIT - AnalysisLIT has seen a growth of over 40% in the last 24 hours. The price of this currency is trading in the range of $0.820 at the time of writing this analysis. Considering the support observed in the range of 0.580 to 0.555 dollars, as well as the downward trend line of this currency has been broken upwards, we expect that after the short-term correction, there will be more support from buyers for the growth of the price of this currency. . A resistance in the range of $1.20 to $1.33 is considered for this currency, which can be a short-term target for buyers. The reaction that can be seen in the candle yesterday was in the resistance range of 0.81 to 0.87 dollars. This range has the potential to be broken by today's 4-hour candles, and the price could hit the first target in the $0.94-$1 range and react negatively. After correction from this range, the specified target of short-term buyers will be available.
Potential sells for EURUSD early next weekEU has been bullish the last 3 days but shows signs of a potential reversal.
EU has provided a strong reaction from the daily decisional supply zone.
AMD has formed and we are starting to get a pullback for entries.
Appears like liquidity creation to induce price to come into supply and take out the 15m FVG before reversing.
In terms of HTF EOF, if the 4H low goes, then the 0.96681 low will be targeted next.
DAY 12: #LITUSDT (#LONG)More trading signals and their results, in my channel, link in the description
DAY 12: #LITUSDT (#LONG)
2% of the deposit
Margin: isolated
⚖️Leverage: x10-20
🗝Entry point: 0.575-0.583
🎯target 1 - 0.594
🎯target 2 - 0.610
🎯target 3 - 0.636
🎯target 4 - 0.673
🎯target 5 - 0.720
❌stoploss: 0.551
(PENDING ORDERS - 0.560-0.565 2%)
LIT/BTC uncorrelated uptrend.Compared to most altcoins, LIT is moving with much less correlation, while building higher highs and higher lows. We expect the current support level to hold, and if it will be the case, the uptrend will continue. BTW, a very good RR ratio is offered for buyers right now.
Litentry (LIT) formed bearish Gartley for upto 22% pumpHi dear friends, hope you are well and welcome to the new trade setup of Litentry (LIT) with US Dollar pair.
Previously we had a nice trade of LIT as below:
Now on a 2-hr time frame, LIT has formed a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
#Lit / #USDT : Analysishello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day!.
-------------------------------------
Notes related to this analysis :
- The downtrend is breaking
- The downtrend of the rsi line is also breaking
- Also, Macdi is crossing upward
- The price is above MA 20
LIT trend lines#LIT/USDT
$LIT trend lines show price hold the ascending support line and it is below descending resistance.
🐮 break out from descending resistance will face price the resistance zone around $1, that break out this zone will increase price toward ascending resistance around $1.2.
🐻 rejection from descending resistance and break down from ascending support will drop price to support zone around $0.7.
📊 LIT moved 25% up, retesting resistance!Hello, dear TradingView members.
This idea is a LIT analysis.
LIT moved 25% today, retesting the resistance area for the third time recently.
RSI is still in the Neutral area and doesn't hint at overbought.
The Bollinger Bands become vast but not overbought, and the support of the middle band can push the price up.
Scenario one:
The price will push straight up or use support to break the resistance to the potential target levels.
Scenario two:
The price will become overbought before making any moves on the resistance area and will fall on support
The Speedometer indicator shows Buy volumes on the market for LIT on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.