#LPT
The price is moving in a bearish channel pattern on a 12-hour frame, which it adheres to perfectly. We have stability above the moving average of 100.
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 15.30
First target 17.30
The second goal is 19.75,
the third goal is 22.31
#LPT
The price is moving in a downward channel on a 12-hour frame, which it adheres to perfectly. We have a major support area at the $11 level. We have a trend for stability above the moving average of 100.
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 12.45
The first goal is 14.75
Second goal 19.06...
Hi Guys
LPT is looking good on weekly chart
***Breakout of falling wedge then retest***
**** RSI is too close of breaking out the trend line****
Targets on chart .
PLZ DYOR
Disclaimer: This article is for informational purposes only and not financial advice. Conduct thorough research and consult with professionals before making investment decisions.
Good luck.
🧠From a structural perspective, the double bottom bull goals have all been achieved. The objectives of the cup-and-handle bullish structure were all achieved.
➡️From a wave theory perspective, we have completed the Elliott Pulse Wave.
➡️It is now back near the buying zone, and there may be a rebound. However, since there is no structural support, I am not...
➡️From the chart, we can see that we have made a substantial correction after achieving the goal of double bottom. In the process of adjustment, we have gradually been squeezed and formed a descending wedge structure. At present, our upper line has broken the descending wedge resistance line, but the closing price has not stood above the descending wedge...
4h time frame
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LPT has been consolidating for two months since reaching 9.26 in August. This consolidation structure is going to be a potential triangle pattern, which tends to be continuation structure.
If LPT can break above this triangle, we can set up a great trading plan, its risk to reward ratio is 4.
TP: 9.9~10.7
SL: 5.05
Hi Trader. I hope you have a good time. My short position on LPT which was opened at the price of 6.93 will be closed at the price of 5.76 and the long position will be opened. The stop loss of this analysis is less than 2% and the profit is around 10%. Accuracy Note that this trade on this currency carries a relatively high risk.
If you like this analysis, please...
Lpt/usdt
4H Time-frame
A triangle pattern has formed on the 4-hour time-frame. This pattern is neutral and can break out in either a bullish or bearish direction. However, based on the overall market trend, I anticipate the price to break out upwards from this pattern, resulting in a 30-50% bullish move. Let's wait and see.
Note: These ideas are personal...
Lpt/Usdt
The price of Lpt increased significantly over the weekend. If we observe the current trend in the crypto market, we can see that one coin tends to increase in value every weekend, like YGG and STMX. However, these coins usually experience a sharp decline after Monday.
I have a similar expectation for Lot, that its price might decrease by around 20-40%...
The Livepeer LPT price is currently being pumping. We don't know the reason for the pump, but it doesn't matter. Now the main thing is to figure out where the strong liquidity zones are, respectively, where the "strong fights" between buyers and sellers will be unleashed.
The nearest strong liquidity zone from above is in the range of $7-7.50 , with an average...
The price has bounced from the daily support DS1. Currently trading between weekly resistance WR1 and daily support DS1. A long should be favorable here on a pullback towards the DS1 for a target towards weekly resistance WR1.
i will SHORT/SELL LPTUSDT
50% here at 6.73
50% at 7.08
take profit
50% 6,58
25% 6.46
25% 6.31
stop loss
if 4h candle closes above 7.08
leverage x2
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