Winter is coming, so does $LIT to $0.20From the daily, not looking to buy anywhere near the support as BTC is losing its steam,
most alt coints do follow BTC movements, and when winter hits, not a surprise that we're going to see LIT is going back to pre-ico price which is 20 cents.
Litentry
🆓Litentry (LIT) Feb-04 #LIT $LIT
The $1.4 zone has been consolidating for the past 10 days and we can expect a strong recovery in the near future to the $2.4 and $2.8 or even $3.4 zone.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.4$ zone
🔴Buy : 1.4
🔴Sell : 2 - 2.4 - 2.8 - 3.4
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.4$ zone
🔵Sell : 1.4
🔵Buy : 1.2 - 1
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
[LITUSDT] 60% possible recovery if BTC stabilizesHi all!
This is what I believe can happen on LITUSDT 4h timeframe.
This is why I'm bullish:
- We're reaching the end of a falling wedge
- RSI is bullish and shows bullish uptrend
- MACD is above the signal line and shows bullish uptrend being consolidated
Very simple chart but for me, the most probable scenario. Only if BTC remains bullish or keeps on ranging though.
Good luck everyone!
Litentry (LIT) formed bullish Cypher for upto 248% moveHi dear friends, hope you are well and welcome to the new trade setup of Litentry (LIT)
On weekly time frame LIT formed a bullish Cypher pattern. After completion of the final leg the priceline is moved a little up therefore, we can wait for some correction to catch it from the buying zone.
See LIT at $3, buy LIT at $3Key level, gotta take inventory.
I'm bearish on BTC currently, pending how it goes breaking current trend line, so this LIT long is more a hedge so I have some exposure if BTC runs.
LITs a great project, I love it, DOT could do a SOL and AVAX style run with all the parachains going off the next 6 months.
LIT started price discovery, lowcap gem!I dont trade shit/200+ rank coins much but, this coin is interesting as its low Market cap and can be next gem.
it has perp in binance and is linked with dot auctions some how. my plan is buy some in spot and hold. if it pops it can 2-3x easily with this low cap.
if you have any data on this coin we can discuss below ,
if i see whale buys or sells i will update :)
DYOR NFA GL
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!
Lit looks goodLit looks good.
Entry 1: 3.765
Entry 2: 3.230
Targets:
- 4.33
- 4.88
- 6.4
Remember: Always keep stoploss
DISCLAIMER:
- Make your own analysis and trade your own decision.
- Entry and exit is your own responsibility.
- Financial management is essential, it does not involve all of your capital.
- Always keep stop loss.
[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! :)
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.
LIT/USD - Time to pump back to $5! 😎LIT has broken the descending wedge, this is no surprise considering that this was a bullish wedge.
With a bit of help from BTC and the overall market pumping, we should get to $5 again where we will meet our first resistance that could push us back, we may also bounce on the major trendline, to be seen.
For now LIT is posed to pump like most of the market, the indicators are bullish and ready for some good up-trend.
Longs are favored and an entry here could net some nice profits.
Like and follow if you liked this idea!
LIT/USD - Expecting a break towards $7! 😍LIT is in a bullish trend which just had a nice correction. The correction appears to have ended which indicates that we're in the preparation stages for the next major leg up.
Once we clear the resistance at $5 we should have a smooth ride towards $7 which is our next major resistance. Either way, I see LIT moving higher and beyond that still. The volume lately has been looking solid and the indicators on daily and higher timeframes favors a bullish bias medium/long term.
Any chances to buy LIT at support is a great discount to enter, however, a clean break from the $5 resistance would equally present a good entry (i.e. buying the retest of that resistance turned support).
We also have a nice ascending triangle, hence once this formation breaks, we will get confirmation of our trend.
Like and follow if you liked this idea!
LIT/USDT Parabolic recovery on its way. Explosive?Litentry finally starts to recover from it's harsh decline during May and June.
We see a volume increase which is indicated in the daily chart with a cyan line.
The RSI on the daily shows a trend reversal analogue to the price action.
LIT now did face some resistance around 3.8$ 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.
$LIT/USDT 12h (Binance Futures)Falling broadening wedge breakoutLitentry has broken out of that wedge and seems to be almost ready for reversal, let's enter on 50MA retest.
Current Price= 2.819
Buy Entry = 2.684 - 2.416
Take Profit= 3.611 | 4.384 | 5.323
Stop Loss= 1.841
Risk/Reward= 1:1.5 | 1:2.59 | 1:3.91
Expected Profit= +41.61% | +71.92% | +108.75%
Possible Loss= -27.80%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Litentry (LIT) formed big BAT for upto 500% massive moveHi dear friends, hope you are well and welcome to the new update on Litentry (LIT) token.
In the long-term weekly time period chart, the LIT has formed a bullish BAT.
Buying and sell targets:
Buy between: $4.22 to $2.36
Sell between: $8.65 to $15.30
Stop loss:
The maximum extent of buying zone can be used as stop loss, that is: $2.36.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 500% and the high loss possibility is 44%, but the price action is already close to the maximum extent of the buying zone therefore at the moment the loss possibility if low.
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