LITUSDT.P trade ideas
LITUSDT: Bulls are deadHello traders!
Welcome Back to another episode with Analyst Aadil1000x.
The second trade of Today is towards the downside. There were strong bulls in LITusdt but now the bulls are exhausted and it's now ready for some retracement. We are shorting it from the peak.
Litusdt Sell now, its at 0.888
Stoploss 0.92(-4.1%)
Target 1, 0.815(+7.5%) Take some profit HERE & Move stoploss at entry
Final Target 0.703(+20.4%)
LIT - AnalysisLIT has seen a growth of over 40% in the last 24 hours. The price of this currency is trading in the range of $0.820 at the time of writing this analysis. Considering the support observed in the range of 0.580 to 0.555 dollars, as well as the downward trend line of this currency has been broken upwards, we expect that after the short-term correction, there will be more support from buyers for the growth of the price of this currency. . A resistance in the range of $1.20 to $1.33 is considered for this currency, which can be a short-term target for buyers. The reaction that can be seen in the candle yesterday was in the resistance range of 0.81 to 0.87 dollars. This range has the potential to be broken by today's 4-hour candles, and the price could hit the first target in the $0.94-$1 range and react negatively. After correction from this range, the specified target of short-term buyers will be available.
LIT/USDT - Quick Overview October 03LIT/USDT Day1 chart showing clear breakout at 0.85 . Now its should its support at 0.80 area. Now If it should hold this area for 1st target of 1.04 and then it can go to 1.20 .
Today candle is above 100MA (Moving Average) which is a good sign for uptrend and for more confirmation it should break 200MA (Moving Average) .
Note
Its just my opinion, not a financial advice.
Thank you and Good Luck!
LIT/USDT 1h Chart- October 03LIT/USDT 1h Bull Flag . If break then can go above 0.85 area very quickly. Waiting for breakout.
Note
Its just my opinion, not a financial advice.
Thank you and Good Luck!
+27% PROFIT DONE AFTER BREAKOUT LIT-USDT
BUY: 0.657$
SELL: 0.839
PROFIT : 27% DONE ✅✅
congratulations to our team
LIT CAN MAKE A CORRECTIONIf it reaches the red box, it is suitable for the shorts position. The price difference between spot and futures makes analysis a bit difficult
LIT/USDT - October 03LIT/USDT Day1 chart showing clear breakout at 0.64 . Now its holding position at 0.70 area. If it break the 0.69 area then it can retest its support again at 0.58-0.64 .
For moving up it should break its resistance at 0.79-0.85 . Right now I have target of 1.04 and if hold this then it can go to 1.20 area.
New day candle was opened above 50MA (Moving Average) which is a good sign for uptrend and for more confirmation it should break 100MA (Moving Average) .
Note
Its just my opinion, not a financial advice.
Thank you and Good Luck!
LIT - Short Term SellLIT got rejected in the resistance area on the 1H time frame, expecting small retracement from here down to $0.7 area.
1$ TargetWhales tp is at 1$ where we'll see another big move. Next move to 1$ is coming really soon as whales from other exchanges are going to join bcs there are huge % diference
DAY 12: #LITUSDT (#LONG)More trading signals and their results, in my channel, link in the description
DAY 12: #LITUSDT (#LONG)
2% of the deposit
Margin: isolated
⚖️Leverage: x10-20
🗝Entry point: 0.575-0.583
🎯target 1 - 0.594
🎯target 2 - 0.610
🎯target 3 - 0.636
🎯target 4 - 0.673
🎯target 5 - 0.720
❌stoploss: 0.551
(PENDING ORDERS - 0.560-0.565 2%)
Short lit stop loss 0.739 4 hour close Entry now short term target 0.708 warnings it might dump hard
Short lit entry now stop loss 15 mins above 0.753Tp 0.710 gooooooooood luck. It’s in very good short position
Lit/Usdt LongLit/Usdt long after 4 hour close above 0.737 SL 0.673 and 5 TPs on chart, always take some profits in first TP and secure your position by setting SL on Entry or above it.
Long lit short term target 0.745Entry now stop loss 4 hours below 0.714 good luck our two support 0.714 and 0.680
SMC STRATEGY WITH WYCKOFF ACCUMULATION AND DISTRIBUTIONI saw 2 phases of wyckoff distribution which the BC, and UT now we wait for the UTAD for the sring where the orices are going to hell. Any of the 3 arrows that the price hit the formation of utad is valid.
Long lit short term our target 0.748 Long it entry price now sl 4 hour below 0.720 I’m excepting a bounce from here
LIT squeezeLIT seems to be ready for a nice squeeze juicer orders set in place since it will be a relentless quick wick. if you want to anticipate this manually you probably will be too late
=====>Mid term $Lit 50%+ potential.Soon I am expecting a big move from Lit. I will update this chart as we move along!
