Hi dear friends, hope you are well and welcome to the new trade setup of Livepeer (LPT) token with US Dollar pair.
Recently we caught almost 130% pump of LPT as below:
Now on a 4-hr time frame, LPT has almost completed a bullish Gartley for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly...
Livepeer is bouncing off the Fibonacci 0.5 retracement zone which is also in line with the support level. Bullish movement to resistance level at 6.33 is expected to happen.
Livepeer bounced off the support area. Asset broke through the descending trendline. Bullish movement to resistance level at 9.67 is expected to happen.
An analysis for Livepeer using Fibonacci Circles
Price has settled above the orange circle, this coincides with a strong horizontal support
This orange circle will likely provide a support for the next bull move, as indicated by the arrow
Vertical lines are segmenting the bull and bear phases
Livepeer (LPTUSD) broke today above the 1D MA50 (blue trend-line), following a two week consolidation below it. The 1D MA200 (orange trend-line), has been the Resistance since February 12. The long-term pattern is a Channel Up and as you see the mini-phases of Higher Highs and Higher Lows are identical both within the current Channel Up and that of 2020.
With the...
