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MyCryptoParadise_Simon
Jan 15, 2024 6:17 AM

LPT Had a Good Run So Far| πŸ‘€πŸš€What's Next?Β Long

LPT / TetherUSBinance

Description

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πŸ’Ž Paradisers, turn your focus to #LPTUSDT, as it's currently showing promising signs of an upcoming move from a key demand level.

πŸ’Ž #Livepeer is on an upward course, hinting at a bullish breakout from its current demand zone. There's an anticipation of revisiting the demand level at $7.57 before progressing further upward. If #LPT can hold its ground above this level, it may open up opportunities for a rise towards the significant supply zone at $11.

πŸ’Ž However, If #LPT struggles to sustain its position above the $7.57 level, a reassessment of our trading strategy might be in order. In such a scenario, we would consider a shift towards catalyzing a bullish trend from a lower bullish Order Block (OB) level at $6.34.

πŸ’Ž Monitoring this level is essential, as falling below it could indicate a potential move into a significant bearish trend.

πŸ’Ž Stay sharp and flexible, Paradisers. Your ParadiseTeam is dedicated to providing you with up-to-date insights and strategic guidance, ensuring you're well-prepared to navigate through these market fluctuations effectively.
Comments
Cryptofreak1013
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Very thorough analysis! Thank you
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