Hello all! 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...
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 has broken the descending wedge, this is no surprise considering that this was a bullish wedge. With a bit of help from BTC and the overall market pumping, we should get to $5 again where we will meet our first resistance that could push us back, we may also bounce on the major trendline, to be seen. For now LIT is posed to pump like most of the market, the...
LIT is in a bullish trend which just had a nice correction. The correction appears to have ended which indicates that we're in the preparation stages for the next major leg up. Once we clear the resistance at $5 we should have a smooth ride towards $7 which is our next major resistance. Either way, I see LIT moving higher and beyond that still. The volume lately...
LIT Looking bullish just broke the reverse head & shoulder pattern. Target - $6.4005 Stop Loss - $3.6029 This is not financial advice. Please DYOR
Hi dear friends, hope you are well and welcome to the new update on Litentry (LIT) token. On the 4-hourly time frame chart, the priceline of LIT has formed a bullish Shark.
Litentry finally starts to recover from it's harsh decline during May and June. We see a volume increase which is indicated in the daily chart with a cyan line. The RSI on the daily shows a trend reversal analogue to the price action. LIT now did face some resistance around 3.8$ but this is expected to be temporary. The 4h chart shows a golden cross with the 50MA...
One word= Accumulation Might retest the $6.5 level again before heading back to ATH. One of the few coins that haven't made any big moves yet. +61% back to ATH.
Litentry has broken out of that wedge and seems to be almost ready for reversal, let's enter on 50MA retest. Current Price= 2.819 Buy Entry = 2.684 - 2.416 Take Profit= 3.611 | 4.384 | 5.323 Stop Loss= 1.841 Risk/Reward= 1:1.5 | 1:2.59 | 1:3.91 Expected Profit= +41.61% | +71.92% | +108.75% Possible Loss= -27.80% Fib. Retracement= 0.382 | 0.5 | 0.618 Margin...
Hi dear friends, hope you are well and welcome to the new update on Litentry (LIT) token. In the long-term weekly time period chart, the LIT has formed a bullish BAT. Buying and sell targets: Buy between: $4.22 to $2.36 Sell between: $8.65 to $15.30 Stop loss: The maximum extent of buying zone can be used as stop loss, that is: $2.36. Possible profit...
Litentry as identity provider has to have a bright future within the crypto space where some transaction have to be verified with KYC. Currently we look for a breakout of the downwards channel. Once we pull this off we expect a nice recovery. News: LIT was added to Binance flexbible savings. Partnership with Imeplatform and Decredit Basic rules: - Never buy...
LItentry is ready for move
A mid size cap with Circulating Supply 18,000,000 of 100,000,000, bouncing off a long consolidation. I see it breaking out of 50D EMA going north. Do you agree? What is your exit target? Feel free to share you opinion in the comments.
Hi all! LIT has been struggling for a good month now since that huge flashcrash 18th of April on all altcoins. As you can see nevertheless, it stayed in that long accumulation area since its listing on Binance. Even though volume is still low, I'm still strongly bullish on it for the next few weeks. You can also notice a strong falling wedge on daily timeframe...
The buying force at 6$ zone showed us the dip of this period is 6$, so we will start accumulating LIT in the range of 6-7$ for target at 9$ and 12$ zone 📈BUY -Buy: 6.8-7.2$. SL if B -Buy: 5.85-6.15$. SL if B 📉SELL -Sell: 8.8-9.2$. SL if A -Sell: 11.7-12.3$. SL if A ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow :...
Hi all, Today I'd like to offer a different view with a comparison of two charts. I find it interesting to compare both Venus (XVS) and Litentry (LIT) after their listing on Binance. In my opinion, they formed the same pennant triangle with both a nice W pattern inside on daily timeframes. Both ranged after their Binance listing for several months and as you can...
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....