Chibuike_Odoh

LPTUSDT { LIVEPEER } - BULLISH SETUP

Long
BINANCE:LPTUSDT   LPT / TetherUS
ANALYSIS πŸ”Ž
- LPTUSDT is printing an ascending triangle pattern.
- Price is testing the ascending triangle's inclined support.
- There's a high concentration of buyers at this zone
- Price action is printing a pennant pattern at this zone.
- There's a breakout potential.

BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the pennant pattern's horizontal resistance.
- Limit entry: test of the pennant pattern's inclined support.

TARGETS 🎯
- Ascending triangle's horizontal resistance.

SETUP INVALIDATION ❌
- Breakdown below the pennant pattern's inclined support.
- This breakdown could lead to a touch of ascending triangle's inclined support.

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