LIT 2 ways up!I think LIT still has a lot of moment to go further, but we could see a significant correction here.
LITUSDT.PS trade ideas
LITUSDTPrice formed a double bottom at the 50% fibonacci retracement price zone of the A-B impulse move before breaking through the $14.2800USDT resistance level.
Increased volume and upside momentum makes this look like a high probabilty trade with take profit levels the height of the double bottom which also sees confluence with the Febuary 14th upper trendline, and 161.8% fibonacci extension.
LIT/USD - LIT preparing to EXPLODE! 🚀🚀🚀LIT is doing some nice gains every day, a bit shy, but the trend is very clear and we appear to slowly form a massive ascending triangle!
What I love however are the indicators... MACD on 4h just did a beautiful cross on the positive side these past 24h, RSI is going up... the only thing missing is some nice volume to propel us upwards.
But that will come as soon as we move away from the ATH and break that resistance at $9. When that happens, I expect massive gains in a short period.
Prepare the rocket because we may have some explosive green candles ahead of us. :)
Bias is extremely bullish as long as we maintain the trend/support.
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LIT/USD - Path to $60 🚀🚀🚀LIT has done very well since my last idea. As you can see we are comfortably sitting over $14! Not bad right? :D
We appear to be in a very nice ascending channel on the way up on leg 3 which is always the longest and largest... using a nice Fib extension we see that if this holds true, we can easily go to $30 before any sustained correction back to $18.
On this road to heaven, we have a few bumps. The first one is at $16-17, then the channel mid-point around $20 and lastly the top at $30 where I would expect a rejection if we make it there before pushing higher still.
LIT is a great long term hold at least until summer, therefore, don't rush to sell because this chart is anything but bearish. Have a plan, have a strategy, take profits at key levels.
This path here ends at $60, LIT can go higher this year and this path may not look like this in a month, however, LIT will continue to grow, especially due to its low circulation supply.
Enjoy the profits!
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#LIT can now be LONGWe can open a long here, but for the further movement we need a confirmed breakout through the upper boundary of the channel.
Further updates will come once we have a confirmation -
Lit to the moon 🚀Following the last idea I posted for LIT it broke the rising triangle and now entered a rising channel which will reach at least 17$.
Let's send it to the moon 🚀🚀
Happy trading day.
Observing Litentry prt 3Hello fellow traders! :)
Hopefuly you watched my ''Observing LIT prt2'' chart analysis because it played out pretty acouretely, if you did not watch it be sure to check it out!
As I warned you we saw the bull trap forming and we hit the $13.1 almost precisely, the $9.5 level supoted LIT strongly and we bounced back at bullish levels
However, once again we did not mange to establish a price above the white trade line so most likely we will see some price drop at about $10 to 10.4 but even if we go to high $9s dont worry
because most likely the volume will be low and a bullish price reversal will be right on the corner ;)
The good news is the video review that i was telling you at my ''Observing LIT prt 1'' about Litentry from ''Coin Bureau'' it just premiered!
because of that, the price drop is less likely to take place, in contrast is very possible to see LIT spiking to $16.7
New buyers are discovering LIT and after this great video review more will come for sure
BTC price and dominance is a catalist for alt-coins so be aware of that, yesterdays BTC correction tested the stregth of LIT and is prooven to be strong!
Once again, very bullish on LIT
$20+ easily
Be sure to check Guy's video, hes is great
Take care
Cheers! :)
LITUSDT is waiting for the continuation$LIT.X is testing the previous resistance as new support, if the price will have a breakout upwards we can see a nice continuation, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
LITUSDT - by buying liquidityAfter the rapid growth the asset corrected. The price is restrained from falling by buying liquidity buffer in the range of $6.04-6.44.
there are no large sales on the asset, so you can expect the price to move up, to sell the asset higher for all comers.
Entry: at $6.61-6.90
Push like if you think this is a useful idea!
Thanks for your support!
BINANCE: LIT/USDT🛒 Pair: LIT/USDT 🛒
== SPOT==
⏰ 1399/11/26 ⏰
🕰 14/02/2021 🕰
Duration:
📈 SHORT - MID 📈
Ex: Binance
#56
🛒 Buy1 : 11.30 - 11.50 🛒
🛒 Buy2 : hidden - hidden 🛒 DCA
👉Sell Targets👈
🎯TP1: 12.45 🥉
🎯TP2: hidden 🥈
🎯TP3: hidden 🥇
🎯TP4: hidden 🏆
🎯TP5: hidden 🚁
🎯TP6: hidden ✈️
🎯TP7: hidden 🚀
🎯TP8: hidden 🛰
🎯TP9: HODL
⛔️ SL: 10.50
⛔️ SL: hidden IF DCA
Break out
Observing LIT prtIIHey fellows
It happened sooner than I expected, LIT broke through the green line with high volume, and now is trying to be established above the withe line
Purple line is at the level of the old ATH at about $9.5 and it is supporting LIT strong
We can see a ''W'' pattern forming that is very bullish.
If we go even slightly above the new ATH at $11.640 it's very likely that we will see some kind of a bull-trap
There seem to be some heavy wallets that are pushing the price down, let them sell now so they will cry later ;)
If the bull-trap does not play out the next ATH will be at about $14.5 with a possible small stop at $13.1
BTC Dominance is surging so in case of BTC gets rejected at $50k and goes on correction this will push LIT back to test once again the $9.5 level
if BTC rejection is strong then is possible to go even below the $9.5 level but only temporarily
Overall I am bullish for LIT, short term $20 is very possible
take care
Cheers. :)
LITUSDTentry: around 10.5
TP1: 13.24
TP2: 14.7
TP3: 16.94
TP4: 18.72
SL: 7.7255
Check my website for tutorials, examples and calls :)
cry-pto-surf.com
🔥 LIT Bounce From Support: Future Exponential GrowthIn my previous LIT post I argued that this coin has a bright future ahead. While breaking the $10 resistance took longer than initially anticipated, it has finally done so today.
Furthermore, it seems that LIT is starting to form a bullish channel to trade in. Combine the recent bounce from said channel support with the break of the illustrious $10 resistance, and we have a recipe for potential exponential gains in our hands. Lots of recent ICO's are doing really well lately, I think LIT is just warming up!
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on round numbers, $15 and $20 to be exact. Do your own due diligence.
Happy trading!
LIT on fire LIT si ranging right now, may form a bullish flag
dont miss the last ticket entry to the moon
LIT Rising TriangleThe formation of a rising triangle is happening which probably will go upwards to the moon.
Keep an eye on the breakout.
Potential profits will be at least 90%.
