Get started

Litentry

LIT/USDT Bullish H&S and double bottom as turning signalLitentry took a lot of damage recently. We can identify a bullish head and shoulders pattern as well as a double bottom at previous support. Currently we even are producing a higher low. All that is needed know will be some more volume and we are back in the game. 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.
Long
by tumbler55
LIT/USDT Trying to recover and close to supportLitentry took a heavy blow from the last Bitcoin downfall. Now trying to recover it needs some attention since the volume currently is too low. Maybe the "Farming" opportunity at Cakeswap will help. Reef is having a hard time and is close to two resistance lines. Expect a small pullback to gain some momentum for a breakthrough. Bitcoin is consolidating which normally is a good sign for altcoins. Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Cheers ps. Chart explanation: 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. Purple lines are trendlines we take a look at. Yellow lines are for visual help only.
Long
by tumbler55
2
🆓Litentry/USDT Analysis (25/2) #LIT $LITLIT is heading to 11$ after testing the 7$ zone. If it conquers 11$ zone successfully, we can see it at 15$ zone. At this moment, we have no enough data to calculate the higher targets But if it loses the 8$ zone again, the worst case will be happen when LIT may dump to 5$ zone 📈BUY -Buy: 7.8-8.2$. SL if B -Buy: 10.5-11$ if A. SL if B 📉SELL -Sell: 10.5-11$. SL if A -Sell: 14.5-15$. SL if A ♻️BACK-UP -Sell: 7.8-8.2$ if B. SL if A -Buy: 4.8-5.2$. SL if B ❓Details Condition A : "If 8H candle closes ABOVE this zone" Condition B : "If 8H candle closes BELOW this zone"
Long
by CryptoStation
2
Observing Litentry prt 5 Hello fellow traders! I was playing with the log layout and this is what I came up with At the moment we are in a critical triangle, most likely it won't dump because the overall market is bullish We need to find some support above the $12.5 and then everything is possible. If it breaks below our next stop will be at around $10.1 but only for a short shake-of, it will easily return to early 11's I am neutral for the next hours, in general I remain bullish ;) Tomorow is the Litentry AMA interview at Binance Lets see how this will play out what you think? Cheers!
by DGminer
2
Observing Litentry prt 4Hello fellow traders! Thank you so much for your lovely comments and appreciation for my charts I really hope they helped you to be inspired and develop your own profitable strategies! :) It was a wild day for LIT for sure, so volatile to BTC price movements, our bullish momentum to the moon got halted but we will recover ;)  Yesterday I was certain that BTC Dominance will surge and all the alts will bleed heavily that's why I decided to sell my LIT at $14.5 and buy it again at a lower price. But when I saw some bullish signs I FOMO in and bought it back at $13.7 and that was a big mistake, FOMO is our worst enemy, it creates stupid excuses it bypasses our logic and our well thought strategies. To improve our skills we need to acknowledge and learn from our mistakes The most strategic price to bought back LIT after the $14.5 top would be at $12.5, at $12.5 was and still is a great support zone At the moment we need to regain control at the $12.5 to $14.7 zone and all the micro zones in between and then consolidate with confidence above the $14.5 level, after this a healthy pump to $16.7 is very likely. All the above are possible only if BTC let us, we need a steady BTC price action, not to disappoint you but BTC is at a critical level... BTC gets rejected at $50k ? we dump... BTC surges above $50k ? We also get dumped... lets face it, BTC close to $50k has all the traders attention. Always have the BTC dominance chart on when you trade altcoins (Tradeview search ''BTC.D")  , also pay attention to BTC price action, trading alts when BTC is at critical levels is tricky keep fomo and fud under control, as long we are above $12.4 - $12.5 we are at healthy levels but even if we fall below we will recover, buyers are in, Letentry is gaining popularity in social media. Very bullish for our little gem Cheers!
Long
by DGminer
4
LIT/USDT Looking for a sweetspot-entry at around 10$LIT is the first of its kind trying to create a secure Identity/Identity verification onto the blockchain structure. Very new coin coming out of the binance foundation/voting group. So far LIT only went up within a nice rising channel. I guess we hit the bottom of the channel again before we move upwards again. Therefore I am looking for an entry around 10$. Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Cheers
Long
by tumbler55
2
Observing Litentry prt 3Hello fellow traders! :) Hopefuly you watched my ''Observing LIT prt2'' chart analysis because it played out pretty acouretely, if you did not watch it be sure to check it out! As I warned you we saw the bull trap forming and we hit the $13.1 almost precisely, the $9.5 level supoted LIT strongly and we bounced back at bullish levels However, once again we did not mange to establish a price above the white trade line so most likely we will see some price drop at about $10 to 10.4 but even if we go to high $9s dont worry because most likely the volume will be low and a bullish price reversal will be right on the corner ;) The good news is the video review that i was telling you at my ''Observing LIT prt 1'' about Litentry from ''Coin Bureau'' it just premiered! because of that, the price drop is less likely to take place, in contrast is very possible to see LIT spiking to $16.7 New buyers are discovering LIT and after this great video review more will come for sure BTC price and dominance is a catalist for alt-coins so be aware of that, yesterdays BTC correction tested the stregth of LIT and is prooven to be strong! Once again, very bullish on LIT $20+ easily Be sure to check Guy's video, hes is great Take care Cheers! :)
Long
by DGminer
11
Observing LIT prtIIHey fellows It happened sooner than I expected, LIT broke through the green line with high volume, and now is trying to be established above the withe line Purple line is at the level of the old ATH at about $9.5 and it is supporting LIT strong We can see a ''W'' pattern forming that is very bullish. If we go even slightly above the new ATH at $11.640 it's very likely that we will see some kind of a bull-trap There seem to be some heavy wallets that are pushing the price down, let them sell now so they will cry later ;) If the bull-trap does not play out the next ATH will be at about $14.5 with a possible small stop at $13.1 BTC Dominance is surging so in case of BTC gets rejected at $50k and goes on correction this will push LIT back to test once again the $9.5 level if BTC rejection is strong then is possible to go even below the $9.5 level but only temporarily Overall I am bullish for LIT, short term $20 is very possible take care Cheers. :)
Long
by DGminer
2
Observing LitentryWe need to close with volume and confidence above the green line, after that we will test the $9.5 zone and most likely break to new highs around $12 to $15 White line can play a hopefully not so major role as resistance especially if we break above the old time highs If we break below the red line we may test once again the $6.8 zone, unless BTC does something wild I do not see it breaking below this level anytime soon. I am very bullish on LIT because its a solid project and Guy from Coin Bureau said he will make a video about it in the following days, this will bring the attention and hopefully the needed volume to the coin, expect after the video a +100% spike in price. This coin in bull market conditions like we are now can go way above $20. Watch out for bull/bear traps, they are happening very often lately Sometimes just hodling is the best strategy I will hodl. You do you Cheers :)
Long
by DGminer
4
🆓Litentry/USDT Analysis (12/2) #LIT $LITLIT is forming an Inverse Head & Shoulders pattern on the top to continue pushing LIT prices higher. This pattern can help LIT rise to 11$ zone after conquering 8$ zone I think this is a good opportunity for LIT as it can drastically increase to $13 or even $20 in a short time. 📈BUY -Buy: 8-8.4$ if A. SL if B 📉SELL -Sell: 10.5-11$. SL if A -Sell: 12.5-13$. SL if A -Sell: 19-20$. SL if A ♻️BACK-UP -Sell: 8-8.4$ if B. SL if A -Buy: 4.7-5$. SL if B ❓Details Condition A : "If 4H candle closes ABOVE this zone" Condition B : "If 4H candle closes BELOW this zone"
by CryptoStation
2