As You Can See In This Chart Litusdt Just Touch 100ema And Now Going To Touch 200ema Also In A Triangle If We Get A Breakout From Triangle So It Could Be A Good Buyzone..
Why Is Ema Important?
The Ema Gives More Weight To The Most Recent Prices, Thereby Aligning The Average Closer To Current Prices. Short-term Traders Typically Rely On The 12- Or 26-day Ema,...
💎 LITUSDT has formed a triangle, and it has got rejected from the Support zone the green rectangle several time. after the breakout it has done the retest and got rejected from the previous resistance. It might go down aging to the Pullback zone before it continues the Bullish move
🏁 Short & Medium Term
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LIT is now near a key level. This is a good signal for a breakout and continued growth. But since bitcoin and all altcoins have risen strongly, there is a possibility of a slight correction. Personally, I would open this position after an additional squeeze and staying in the range for some more time. A good buying opportunity after squeeze and breakdown of the...
LIT now will go to the next resistance zone
p.s: next resistance zone ( from 7.09 to 8.7 )
Write in the comments all your questions and instruments analysis of which you want to see.
This is not an investment advice, I do it to track my personal moves and to keep on improving. Let me know if you want to add something to this idea! Comments are welcome!...
Lit looks good.
Entry 1: 3.765
Entry 2: 3.230
Remember: Always keep stoploss
- Make your own analysis and trade your own decision.
- Entry and exit is your own responsibility.
- Financial management is essential, it does not involve all of your capital.
- Always keep stop loss.
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Everything on the chart.
open pos: 4.5
target: 6 - 7 - 8
after first target reached move ur stop to breakeven
stop: ~3.5 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
Good luck everyone!
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LIT is trending above 4H 50 MA, after the latest pullback next up is a higher high.
Best entries: 4.490 - 4.580
Max leverage: 2
MDSquared Crypto Lounge
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
It's been a while since my last post.
Here is my new analysis on LITUSDT until the end of 2021.
In my opinion, LIT is forming an interesting BAT bearish pattern on both daily/weekly timeframes.
We would be entering the last leg (C to D on chart) with a trendline to break to validate this analysis (yellow trendline).
Fibonacci levels show interesting...
Everything on the chart.
Supports and resistances indicated.
Let's follow price action and adapt our plans based on the supports and resistance indicated.
Always follow risk management. BTC can be volatile. We have seen quite a few flash-crashes off late.
If you like...
🔵The blue line is the entry price (enter a little late)
🟢the green line is the target (do not forget to collect profit)
🔴The red line is the loss limit (do not forget capital management)
⚠️Have capital management
I will be happy if you support me with "Like". 😊👍🌹
If you have a comment, leave it in the comments.
💰Be in profit💰