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Litusdt

LITUSDT - Short - Broadening wedgeLIT is currently forming an ascending broadening wedge on 4h timeframe. An ascending broadening wedge is a bearish reversal chart pattern. Where the upper line of the wedge acts like a resistance and the lower line acts as a support. Looking at the chart we can see the RSI is suggesting an overbought condition. So it´s likely for the price to go down. Also we can see at 04:00 there was a lot of pressure from the sellers. So the price is most likely to go down. First target one should be prioritized. When the price breaks out of the pattern the final target could be considered. All the details are shown on the chart. Goodluck!
Short
by vf_investment
3
Litentry (LIT) formed a bullish Gartley for upto 34.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Litentry (LIT) with US BTC pair. Previously we had a nice trade of LIT: Now on a 4-hr time frame, LIT has formed a bullish Gartley pattern, there is also a hidden bullish divergence as the priceline is forming a higher low and the RSI is setting a lower 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
Long
by moon333
LIT has grown by more than 25% in the last 24 hours!LIT has grown by more than 25% in the last 24 hours. The price of this currency was corrected after hitting resistance in the range of 0.93 to 1 dollar. But in the previous few hours, this resistance was broken. The price hitting the range of 1.20 to 1.33 dollars has caused a strong price reaction. But we expect the $1 resistance to having turned into support. In this case, after the pullback to this area, there will be a possibility of breaking the current resistance and further increasing the price to the range of 1.54 to 2.20 dollars. It should be noted that the price trend in the daily time frame is still in the range, and it is rising in the 4-hour time frame. Therefore, we can consider the price inside an ascending channel. A break of the desired resistance could trigger the next $2 target for buyers.
by MonoCoinSignal
13
LIT/USDTHello dear traders, how are you. Most bullish coin in crypto is LIT in current scenario. LIT is almost fully retraced in macro timeframe & 1 bullish impulse already developed & again & again sending price to top channel. so in last 3 month LIT printed 1 impulse upside & then bull flag in the down side. this bull flag is well know for bullish pattern & 90% chance to break in upside direction. How to trade it? Watch for breakout bull flag channel or watch for lower line of the channel. these both areas are best opportunity to open long trade. Have a good trade & stay tuned with us. ask question in comment box.
BINANCE:LITUSD
by Naveed_Azam_Zarrar