Litusdt
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.
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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.
LIT/USD - On support, expect higher levels. LIT has found good support just under $9 as represented by this massive ascending triangle in blue. This daily candle is a bullish engulfing one at the time of this post. Provided BTC does not decide to crash, we can see some nice continuation on LIT price.
Key levels are on the chart. I do expect LIT to eventually re-test it's current ATH and push higher. Volatility on this coin has been rather high, but this is expected for any new coins in crypto, so do not panic when that happens.
Our next key resistance levels are found at $10 and $12. After that, ATH is next. Support holding well at $9 so far. As long as we are above $9 bias remains bullish. We're also curving nicely on 4h so we should have continuation up. But watch BTC.
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LIT/USDT : moving above bullish trendline BINANCE:LITUSDT
Hello everyone 😃
LIT had a pullback from MA 100 and now it's moving below resistance zone.
There might be heavy pressure for LIT below them but overall it's bullish !
As LIT is moving above MA 100 and bullish trendline, We'll use multiple targets to climb for 15$..
Also MACD is being bullish again, So We'll see more pumps in short-term.
🔴 Below bullish trendline will invalidate this setup !!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
LIT/USD - Ready for ATH! $14 incoming...LIT has recovered very well this past week and now we are one resistance away from ATH and re-test of $14. Not bad.
The indicators on 4h and daily are both bullish therefore with a bit of volume we should be at ATH in no time. That is less than 20% pump away.
MACD is positive, RSI is rising... good stuff. There is nothing bearish on this chart. The only thing that can turn us back is a sharp rejection on BTC or ETH, but that looks unlikely.
Bias remains very bullish on LIT and long term I can see this baby going to $40 plus.
Enjoy the profits!
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Luxury Trade💰One more idea for Friday, wolves🔥
There is an ascending triangle on LITUSDT crypto pair.
There was a bullish trend before.
According to Elliott Waves theory Wave C is done and price broke resistance zone. So this triangle became circumcised.
Follow the chart and look for the best price to enter.
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And always remember: "we don't predict, we react".
LIT/USD - Climbing one level at a time before ATH!LIT has performed very well these past few days after a deep correction under $8.
This makes LIT ready to explore higher levels and we already tested the resistance at $12. After some consolidation I expect us to re-test $14 again. With a bit of positive overall market momentum LIT can push higher.
On daily timeframe, the indicators are looking good to explore higher levels and on lower timeframes like 4h we are consolidating just above $10. This is good and as long as we don't break under $9, we remain bullish.
So far we made higher highs and higher lows in March. Nothing bearish on this chart so far.
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