Livepeer to $12

On the above 2-day chart price action has corrected 40% from the recent high. A number of reasons now exist to be long, including:

1) Price action and RSI resistance breakouts.

2) Price action finds support on past resistance. Look left.

3) Price action finds support on the Golden ratio.

4) The bull flag flagpole measures 100% move following resistance breakout.

5) GRM support is already confirmed.

Is it possible price action corrects further? Sure.
Is it probable? no.

Ww

Type: trade
Risk: <=6%
Timeframe for long: now
Return: 100%

Trade active:

Past resistance confirms support.

Comment:

Have a look at the 4-day candle that just printed....

Comment:

excellent moment...

Trade active

Comment:

Past resistance confirms support (again).

Trade closed: target reached

Comment:

If you're still bullish on this one, it is a good moment to long.