TradingOn

$LPT/USDT 4h (#BinanceFutures) Bull pennant on support

Long
TradingOn Updated   
BINANCE:LPTUSDT.P   LPT / TetherUS PERPETUAL CONTRACT
LivePeerToken has pulled back to 200MA and price seems to be holding so far, let's re-enter here.

livepeer.org

Current Price= 40.735
Buy Entry= 40.932 - 39.408
Take Profit= 45.233 | 50.054 | 55.479
Stop Loss= 36.283

Risk/Reward= 1:1.3 | 1:2.54 | 1:3.94
Expected Profit= +25.10% | +49.22% | +76.22%
Possible Loss= -19.36%

Fib. Retracement= 0.5 | 0.883 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 3 weeks

Contract:
#ERC20 0x58b6A8A3302369DAEc383334672404Ee733aB239
Trade active:
All entries filled

LivePeerToken bounced a bit but then continued downwards, SL updated lower to give it a last chance (35.107$)


Trade closed: stop reached:
SL hit with -25.20% (2x) and -1.3R

LivePeerToken broke the triangle down and got rejected on the retest, will need some time to regain strength.


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