LITUSDT UPDATE#LITUSDT(Update)
Hey dear traders. Hope you are enjoying analysis with our team. we are here to analyze LITUSDT today.
In 1D time frame Falling wedge Breakout is Done .
Expecting Massive Bullish wave📈🚀
LITUSDT.P trade ideas
LITUSDT Update-LIT is Breaking The Trendline...!Dear Traders,
We are convening a discussion focused on #LITUSDT
The Trendline Breakout Has Already Done ✅
So,I am Expecting a Bullish Move of 35% 🚀😉
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LITUSDT Symmetrical Triangle Formation in Weekly Timeframe.....!Dear Traders,
We are convening a discussion focused on #LITUSDT
Symmetrical Triangle Pattern is Formed
Its Ready To Break the Rectangle
In Case of Successful Breakout, Expecting a Bullish Move of 100%🚀😉
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litusdt | LIT idea | Key levelslitusdt | LIT idea | Key levels
Bullish Trigger for lit is closing/opeining above 1.145
sl - 0.95
LIT/USDT Analysis: Is a Bullish Breakout Imminent?
📊 Chart Analysis
The weekly chart for BINANCE:LITUSDT reveals a critical resistance level around $1.15, which the price has tested multiple times since early 2023. This level has formed a significant resistance zone (marked in red), where the price has struggled to break through. The 50-week moving average (MA), shown in blue, has recently flattened and started to turn upwards, indicating a potential trend reversal. The recent price action shows a consolidation just below the resistance, which could suggest accumulation before a breakout. Additionally, the upward green arrow highlights a possible support level, indicating the price might bounce back up from here.
🔍 Technical Indicator Analysis
Momentum Indicators:
- AO, PPO, PVO, ROC, RSI, TSI, StockRSI, and Stochastic indicators are mixed across timeframes, showing bearish signals in shorter periods (15m, 1h, 4h) and more neutral or bullish signals in longer periods (6h, 8h, 12h, 1d).
- The RSI is neutral on most timeframes, suggesting no extreme overbought or oversold conditions.
Trend Indicators:
- ADX, Aroon, CCI, and DPO indicators show varied trends across different timeframes.
- Ichimoku Cloud shows long-term bullish signals but short-term bearish signals, indicating possible short-term volatility before a potential bullish trend.
- MACD and EMA indicators are bullish on higher timeframes (1d, 3d, 1w), supporting a longer-term bullish outlook.
Volatility Indicators:
- Volatility indicators such as ATR, Bollinger Bands, and Keltner Channels show high volatility, especially in the shorter timeframes. This indicates potential sharp price movements.
- The Ulcer Index shows high risk on the weekly timeframe, suggesting caution.
Volume Indicators:
- Volume indicators like ADI, CMF, EM, and FI are mostly bullish across various timeframes, indicating strong buying pressure.
- OBV and VPT are bearish on shorter timeframes but show mixed signals on longer timeframes, suggesting some short-term selling pressure but potential for longer-term accumulation.
🔮 Prediction
- Short-term (15m - 4h): Expect some bearish movements due to mixed and bearish signals in momentum and trend indicators. High volatility suggests sharp price movements.
- Mid-term (6h - 1d): Consolidation and potential for bullish breakout as trend indicators start turning bullish. Monitoring support and resistance levels will be crucial.
- Long-term (3d - 1w): Bullish outlook supported by trend indicators (EMA, MACD) and volume indicators. A breakout above $1.15 could lead to significant upward momentum.
📝 Conclusion
The analysis of LIT/USDT suggests mixed signals in the short term with potential bearish movements due to high volatility. However, the mid to long-term outlook appears bullish, especially if the price can break above the critical $1.15 resistance level. The 50-week MA turning upwards and supportive volume indicators further bolster the case for a bullish breakout.
💡 Advice :
- Patience is the key. Given the high volatility and mixed short-term signals, it's essential to practice robust risk management. Monitor key support and resistance levels closely and stay updated with market news that could impact LIT/USDT.
- Remember to Do Your Own Research (DYOR) before making any trading decisions.
🙏 Thank you for reading this analysis. Stay informed and trade wisely!
#LITUSDT #TechnicalAnalysis #CryptoTrading #BullishBreakout #RiskManagement
LITUSDT Game Plan (Long)I am currently carrying out DCA on LIT as the token has shown a nice falling wedge pattern... Let's Accumulate with a nice risk-reward plan as BTC might likely undergo some correction to 54-52k before another bull phase
LIT NEW IMPULSIVE MOVE!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
LIT CONTINUATION?! 📚
👉As we can see price is still overall bullish trading inside this rising broadening wedge pattern making clean higher highs and higher lows.
👉Meanwhile, price is sitting around our lower rising trendline, lining up with our massive support zone, where we are more interested in looking for new bullish movements.
👉Moreover, for the bulls to kick in we need a break above the marked zone from H4 time frame, then a movement higher would be expected from a medium-term perspective. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Keep an eye on the #LIT/USDT Diagonal Trendline in 4-Hour TF!Keep an eye on the #LIT/USDT Diagonal Trendline in 4-Hour TF!
Wait for BO/Retest to open a Long position in $LIT. I am expecting a bullish momentum here and a breakout above PWH $1.14 is a bullish sign.
LIT ANALYSIS (1D)LIT seems to have entered a bullish wave C. Considering the weakness of the movement, which we have on the chart, it seems that a median correction is on the way. If a correction is coming, the green area is a good place for buy/long positions.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
LITUSD 1WLIT ~ 1W 📈
#LIT Make purchases gradually after successfully retesting this Support block or Support Line, with a minimum target of 20%+. 📈
Trading SIGNAL LIT/USDTTrading Setup:
A Trading Signal is seen in the LITUSDT (3D) (LONG TERM)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 1.400$ - 1.100$
🔵TP1 : 2.500$
🔵TP2 : 5.000$
🔵TP3 : 7.8080$
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Litentry (LIT)On the above 3-day chart price action has corrected over 90% since April 2021. Today is great long opportunity. Why?
1) A strong buy signal prints (not shown).
2) Price action / RSI resistance breakouts.
3) Weekly BTC pair reclaims the 21-week EMA bull market support.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: $2.15 is the first target
LIT/USDT Bouncing from the support, get ready for continue UP!💎 LIT has recently displayed notable market dynamics. Currently, LIT is rebounding from the support area, exhibiting a strong green candle, suggesting potential upward movement.
💎 To sustain this momentum, LIT needs to surpass the resistance at 1.74 to continue towards our target strong resistance area.
💎 However, if LIT fails to breach the resistance, there's a possibility of retracement back to the support area to gather new momentum for another breakout attempt.
💎 In the event of LIT failing to bounce from the support area, the next potential stop is the demand area. This zone holds significant importance, as a failure to bounce and reclaim the price above the support could lead to further downward movement.
💎 Should LIT break below the demand area, it would confirm a bearish trend, indicating the potential for further price decline.
LIT CONTINUATION ?!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
LIT CONTINUATION?! 📚
👉As we can see price rejected our lower rising trendline and support zone, as we mentioned in our previous analysis!
👉For now, and for the bulls to remain in control we need a break above the marked major swing high, then a movement higher would be expected.
👉Unless price managed to be trading again lower, where we will be looking for new longs on lower time frame. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
LIT LET'S DO IT AGAIN!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
LIT LET'S DO IT AGAIN! 📚
👉As we can see price is still overall bullish from a long-term perspective, trading inside this rising broadening wedge.
👉Moreover, price approached a massive support zone, lining up with our rising trendline, where we will be interested in looking for new longs as a trend-following one.
👉Meanwhile, from a short-term perspective, price is still bearish trading inside this channel, and for the bulls to kick in we will be waiting for a new swing high to be formed around the falling trendline then a break.
Until that happens, price is still bearish and can still dive lower. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
LIT/USDT Keep an eye on the demand, Potential bounce back to UP!💎 LIT has recently experienced significant market dynamics, encountering a strong rejection in the supply area.
💎 There is potential for LIT to undergo a retest of the demand area around 1.25. A positive sign in the demand, such as a bullish candle rejection, could signal a bounce in price and a return to upward movement, potentially testing the strong resistance area once again.
💎 However, if LIT fails to bounce when it reaches the demand area, and even breaks down below it, it would indicate bearish momentum, with the price potentially targeting the Bullish OB area around 1.035.
💎 When LIT reaches the bullish OB area, it's crucial for it to bounce and resume its upward trajectory. Failure to sustain this area, resulting in a breakdown, could further signal bearish sentiment and lead to continued downward movement for the price.
LIT - A trade opportunity with a profit potential of +730 %#LIT/USDT Analysis
Description
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+ LIT has formed a promising saucer pattern, typically regarded as a bullish indicator.
+ Currently, the price is lingering near the resistance zone, suggesting a potential breakout in the near future.
+ I've identified a compelling trade opportunity with a profit potential of +730% (leveraged at 10x). I'm initiating the trade at the current price, allocating a small margin of 0.25% of the trading capital.
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VectorAlgo Trade Details
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Entry Price:1.267
Stop Loss: 0.992
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Target 1: 1.371
Target 2: 1.524
Target 3: 1.787
Target 4: 2.203
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Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 10-15x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
LIT Leading Diagonal
Choppy price action leads to different possible counts. I'm currently biased towards a leading diagonal (black waves).
In this scenario, we should see wave 3 targeting the yellow box between 1.855 and 2.181.
LIT BullishSaw the chart shared by @IncomeSharks so really all credit to him. The breakout looks good, expecting a retest and continuation
LIT goes to above $1Buy area $0.771-now
TP 1 : 0.835
TP 2 : 0.87
TP 3 : 0.915
TP 5 : 0.97
Tp 6 : 1.140
SL: Under 0.7
LITUSDT IDEAHey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about LIT
LIT Moving Towards Targets & Running In +100% Profit So Far Still Long Way To Go
LITUSDT UPDATEAMEX:LIT
UPDATE
AMEX:LIT is exactly on the way as predicted. This is at resistance level now. After breaking this level we can see gain upto 300%+ soon✍
#LITUSDT #LITBTC #LITUSDT #SIGNALS #CRYPTO #BNB #BTC #LIT
easy layup ? consolidated for 2 years starting to move now starting to move after long consolidation maybe an easy layup instead of other overextended alts
