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Litentry

[LITUSDT] Patience will be paying! End of falling wedge.Hi all! LIT has been struggling for a good month now since that huge flashcrash 18th of April on all altcoins. As you can see nevertheless, it stayed in that long accumulation area since its listing on Binance. Even though volume is still low, I'm still strongly bullish on it for the next few weeks. You can also notice a strong falling wedge on daily timeframe within this ranging zone. Fundamentals are really great and LIT is really a one of a kind project in its niche. With Polkadot's main event around the corner, we can even expect some potential massive news that would fit perfectly with this current bullish chart. A slot on Polkadot's auction would be a great news! RSI is still very low and MACD's histogram shows a light reversal. As we are trading under all EMAs on daily TF, we can expect to trade above them if we manage to successfully break this falling wedge by the top. Dotted line represents a potential resistance we will have to break. We'll definetely reach the top of that accumulation zone soon (around $13) and then hopefully go for another ATH. All indicators clearly show we are currently accumulating. And guess why people try to get more of something..? ;-) This is not an investment advice, always do your own research. Good luck everyone!
Long
by cryptologyy
2
🆓Litentry (LIT) May-15 #LIT $LITThe buying force at 6$ zone showed us the dip of this period is 6$, so we will start accumulating LIT in the range of 6-7$ for target at 9$ and 12$ zone 📈BUY -Buy: 6.8-7.2$. SL if B -Buy: 5.85-6.15$. SL if B 📉SELL -Sell: 8.8-9.2$. SL if A -Sell: 11.7-12.3$. SL if A ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Long
by CryptoStation
1
[LITUSDT] 3000% potential long term?!Hi all, Today I'd like to offer a different view with a comparison of two charts. I find it interesting to compare both Venus (XVS) and Litentry (LIT) after their listing on Binance. In my opinion, they formed the same pennant triangle with both a nice W pattern inside on daily timeframes. Both ranged after their Binance listing for several months and as you can see Venus exploded. Will LIT follow the same path? Realistic targets would bring us on LIT at $18 (where it was $9 for XVS back then). Now, as you can see on Venus, it went up to $130 to this day, which would mean LIT with a similar parabolic movement could easily reach $40-100 prices. Current marketcap for LIT: 170M (so atleast potential *9 to reach XVS's marketcap) Circulation supply for LIT: 18.3m Current marketcap for XVS: 1.3B Circulation supply for XVS: 9.7m Even though both projects are not direct concurrents, they're both great projects with good improvements for the DeFi ecosystem. Fundamentals are good for both. Litentry (LIT) remains a new project nevertheless and is still at the beginning. This is absolutely not an investment advice, DYOR. Keep an eye on LIT as if it follows XVS's breakout we will see a massive growth from its current ATH, around $18. There are a lot of "if" for this scenario to happen, but with a massive alt rally expected by many in the next couple of weeks, it could become reaLITy. Good luck everyone! :)
Long
by cryptologyy
4
LITUSDT - LITENTRY --> Potential Entry Setup //+60% \\MODERATE TO HIGH RISK SETUP! LIT is showing very healthy price action, its one of those alts that's been overreacting to btc going up and underreacting to it going down. Its had some nice touches off 2 FIB levels and there is a very common trend line where LIT loves to come down and ounce off. Usually when it hits it, it doesn't come down much further. BUT! BTC is far from out of the woods, it could easily dip 4%, which could bring LIT down 12% and below the dotted trend line i have marked. Time your entry with where BTC bounces... if it comes down. This is what makes it a difficult entry. Set your buy limit greedily and live with the fact you may not get it. By greedily i mean set it low. -=-=-=-=-=-=- LIT TRADE -=-=-=-=-=-=- BUY: 7.9 TARGET: 12.9 STOP: 5% below your BUY -=-=-=-=-=-=- I love Litentry. One of, if not the only, project dealing with identity authentication in crypto, which is a side to transactions/defi/exchanges that is desperately needing a solution for. I love its price, i like its tokenomics, its team is very active. I think this is a fantastic price to be buying LIT and looking back at LIT price action, when it reaches this zone of price, it VERY often goes up 50%. --==--==--==----==--==--==-- Fundamentals --==--==--==-- Rank #305 Market Cap = $157,704,482 Decentralized identity authentication Total Supply = 100,000,000 --==--==--==----==--==--==--
Long
by tommytoan11
LIT/USDT Update: A real shakeout. New recovery on its way.LIT has seen some really badass red candles shortly before we reached our first target. Sometimes that's how it goes. LIT still is traded with low volume and therefore these brutal movements happen. We stopped closely to our "long term" support and hopefully get a proper recovery this time. Same old story, if you missed the previous entry be grateful for this second chance. Basic rules: - Never buy the top/ATH - Take profit as long as you can - 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. 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. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
🆓Litentry/USDT Analysis (24/4) #LIT $LITLIT has lost the 8$ zone and the selling force is still increasing so the main trend is still heading to 5$ zone. LIT will be good to buy only if it conquers the 8$ zone successful. 📈BUY -Buy: 4.8-5.2$. SL B 📉SELL -Sell: 7.8-8.2$. SL A -Sell: 9.7-10.3$. SL A -Sell: 11.7-12.3$. SL A ♻️BACK-UP -Buy: 7.8-8.2$ if A. SL B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Long
by CryptoStation
2
LIT/USDT Update: Partnering with Injetive Protocol. 50$ is nextLitentry still did not move since it's listing on Binance. We now broke out of the purple flag and try to use the yellow line as trampoline. Litentry still seems the only real contender for Identification along the blockchain industry. At some point we have to be able to use identification if need be. Since we are so bullish on LIT we have to put our new target to 50$ But don't hesitate to take partial profit on the way. Basic rules: - Never buy the top/ATH - Take profit as long as you can - 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. 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. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
1
LIT/USDT Update: Genesis block on parachain generatedLIT is forming a flag and we are getting closer to the end. There were some good news that LIT got a place within the parachain of polkadot. The price however did not respond to that. We guess it will soon and it's upwards. The volume decreased since the launch as it would do within a consolidation phase. --> Looking for a sharp increase. Basic rules: - Never buy the top/ATH - Take profit as long as you can - 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. 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. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
LIT/USDT Update: New entry zones for >100% TargetLIT has suffered a lot recently and could no unpack its true potential so far. Longterm I am very bullish so we look for possible entries which are shown by the boxes. Basic rules: - Never buy the top/ATH - Take profit as long as you can - 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. 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. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
2