AlanSantana

✴️ Livepeer Full Green Today (Short-Term Targets Inside)

Long
BINANCE:LPTUSDT   LPT / TetherUS
Livepeer has been on my radar for a while now and the chart has been bullish since June.

There is a set/group of Altcoins that bottomed 10-June, I call these the "strong ones".
Other Altcoins produced lower lows in August, September and some even in October, all part of the same corrective phase, the one that followed the initial early 2023 recovery bullish wave.

There is no difference at this point between a higher high and higher low when it comes to the bigger picture. We have the bullish breakout, a long correction followed by a new and stronger bullish wave.

👉 We are now in the next bullish wave phase, so we can see many pairs moving up.

➖ LPTUSDT is trading above EMA50, EMA10 and EMA1.
➖ The RSI is good at 66.
➖ Trading volume is still low but only because we are witnessing the calm before the storm.

The next move can happen really fast, big candles as in early August.
The breakout seems imminent based on the current chart.

The gray space on the chart denotes the support levels.
The targets can be seen green.

Thank you for reading.
Thanks a lot for your support.

Namaste.

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