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LIT

LIT/USD - Steady wins the race! Next target $6.8! 😎LIT is making steady gains and that makes everyone happy! The next key resistance which will be a hard one to crack is found at $6.8. If we break above it we will have a nice run to ATH. For now, LIT is going up and will continue to do so. Volume on this daily candle was significant. Interest is building around LIT once more. I expect it to provide us some good gains. Keep your eyes on it. Bullish bias and indicators looks good. Like and follow if you liked my idea!
Long
by DU09
2
LITUSDT Technical Analysis⏳ Spot 💎 LITUSDT has formed a triangle, and it has got rejected from the Support zone the green rectangle several time. after the breakout it has done the retest and got rejected from the previous resistance. It might go down aging to the Pullback zone before it continues the Bullish move 🌐 Tradingview 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at Market or at 4.070 ☕️ TP1 4.980 🍺 TP2 5.990 🍻 TP3 7.600 🍾 TP4 9.790 🍷 TP5 _____ 🍸 TP6 _____ 🍹 TP7 _____ 🎁 TP8 _____ 🚫 SL 3.320 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals
[LITUSDT] Looking bullish on daily TF until end of 2021Hello all! It's been a while since my last post. Here is my new analysis on LITUSDT until the end of 2021. In my opinion, LIT is forming an interesting BAT bearish pattern on both daily/weekly timeframes. We would be entering the last leg (C to D on chart) with a trendline to break to validate this analysis (yellow trendline). Fibonacci levels show interesting levels at $6 (0.5 fib) which is right now the strongest resistance to break on LIT. 0.618 fibo would bring us to $8 prices and 0.786 fibo would bring us to high levels from March/April. It could either break for a new ATH at that moment or pullback on lower fibos (red arrow on chart). Still on daily TF, both MACD and RSI are showing bullish signs are it's trading above the signal line and RSI keeps on growing day after day. Litentry is a strong project and has great fundamentals. As long as BTC remains bullish, I truly believe this scenario can happen. It would be a 200% move! :) This is not an investment advice, I do it to track my personal moves and to keep on improving. Let me know if you want to add something to this idea! Comments are welcome! Thank you. Good luck everyone! :)
Long
by cryptologyy
1
LIT skyrocket once it passes this level 🤯🚀LIT is now near a key level. This is a good signal for a breakout and continued growth. But since bitcoin and all altcoins have risen strongly, there is a possibility of a slight correction. Personally, I would open this position after an additional squeeze and staying in the range for some more time. A good buying opportunity after squeeze and breakdown of the $3.84 level. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
5
#LIT COMING SOON 50% - 100%Decentralized identity authentication and user activity data management Infrastructure. Build on Substrate, Ready for Polkadot. Litentry is helping support change that is in favor of a user-centric network with the blockchain. Litentry includes an identity-based network and related tools, features an identity matching and identity staking mechanism, as a whole it consists of decentralized identity and user activity data management infrastructure.
Long
by globalsymmetrygroup
LIT ascending channelLIT is part of DOT ecosystem. Behaves similarly like DOT, and DOT did 17% run-up il last 36hrs, which is not big, but in this market conditions, the fact that it's not affected by BTC erratic behavior is bullish alone... Recently bounced from support trendline of the channel and also break resistance at 5,29. Volume increasing and MACD on 12hr chart looks bullish. Breakout level at 6.095 was a big support in the past, and we can expect that is an important level to overcome now. If we break that level, we could expect that it will act as support for further upside movement. You have also SHORT entry levels on the chart since BTC's possible significant drop could pull this one down also and possible rejection from 6,095 could push it down to retest 5,29 before pushing up... Set your alarms and don't miss this. GL traders
by PhilosophersStone
LIT/USDT Parabolic recovery on its way. Explosive?Litentry finally starts to recover from it's harsh decline during May and June. We see a volume increase which is indicated in the daily chart with a cyan line. The RSI on the daily shows a trend reversal analogue to the price action. LIT now did face some resistance around 3.8$ but this is expected to be temporary. The 4h chart shows a golden cross with the 50MA and 200MA involved. A first target can be set around 6$ with the second around 14$. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55