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evasivesteering
Feb 15, 2023 10:05 PM

Long LPT  Long

LPT / TetherUSBinance

Description


LPT has been consolidating around the trendline starting from July 2022. In high time-frame (2D), we can see better this consolidation with the below screenshot.

In lower time-frame (4H), prices are about to break the local trendline (to be confirmed).

If break-out is confirmed, we can consider the setup as in chart with good R:R (5.8)






Comments
timlmit
any updates?
evasivesteering
@timlmit, Hi, LTC is still consolidating, so we'll need patience for it to break consolidation zone. In any case, it'll also depend on BTC's moves.
ProjectSyndicate
killing it lately, great work
evasivesteering
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