Hi 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...
Welcome to this quick LIT/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-LIT/USDT trade setup
If the LIT/USDT long position triangle pattern create and retests the trade line in the green zone
Entry:-$1.30
$1.35
Target:-
$1.40
$1.47
$1.55
$1.62
$1.69
Stop Loss:- $1.27
Remember:-This is not a piece of...
my fav coin LIt,we need close 4h bar above the green line to get our targets and the red one is the stop loss if close under it 4h bar,so my targets as you see guys on chart
short term:
TP1: 6.46
TP2: 9
TP3: 12.5
long term:
TP1: 20
TP1: 45
TP3: 60
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...NOTICE...
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this is a high-risk trade so please if you don't how to trade, how to secure your money or your...
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....
