LPT Reached the Resistance Line Both Scenario available Long & Short
We just looked at LPTBTC (Livepeer vs Bitcoin) - check ' Related ideas ' below - and we are now on the LPTUSDT (Livepeer vs Tether) pair, both are looking good. This chart is very similar to the BTC pair as we can see a test of support, in this case in the form of a rising trend-line as well as a break above resistance that followed in the form of EMAs. With...
Livepeer broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 49.5 is possible.
Given the state of bitcoin resistance and its impact on the market as a whole and the formation of the flag pattern, I expect a sharp drop
LPTUSDT - Long - Potential 40.65% Exchanges: Binance, KuCoin, Huobi.pro, Bittrex Signal Type: Regular (Long) Entry Targets: 1) 26.78 Take-Profit Targets: 1) 28.06 2) 30.90 3) 37.97 Stop Targets: 1) 23.76 Entry Trigger - Stock oversold, Alts pumping
Livepeer Token regained 200MA support and looks ready for bullish continuation after that pull-back. livepeer.org Current Price= 46.751 Buy Entry= 46.750 - 44.510 Take Profit= 53.870 | 62.582 | 75.612 Stop Loss= 40.908 Risk/Reward= 1:1.75 | 1:3.59 | 1:6.35 Expected Profit= +36.12% | +74.30% | +131.42% Possible Loss= -20.70% Fib. Retracement= 0.618 | 0.786 |...
use of the import support .at the weekly we have uptrend structure but in daily we have downtrend this support can reversal chart and take more supply
After a major correction from the last all time high currently it is in good accumulating areas to re-launch to the previous Ath in the coming days. looks good as a medium term swing
#LPT 4h chart, if it break resistance level I think it will try to break trend line.
LPTUSDT just Touch Upward Trendline.Price pushed up with great volume. Buy LPT at 40 to 43 range Take Profit-1 at 50 Take Profit-2 at 60 Expected Return 50% Good Luck !
LPT is a WEB 3.0 project with extremely good fundamentals and potential for 2022. From a technical perspective we can see a beautiful cup and handle on the daily TF. Price is about to test the neckline of the pattern waiting for a confirmed close above for a potential entry.
Technicals, price could breakout to the upside soon. Would look for it to break resistance. Fundamentals, decentralized video streaming is a gamechanger.
This is a forecast Hope can get input from you who see this ")
LPT broke out Falling Wedge Resistant What Now? this not financial advice...
LPT price Is doing a descending Triangle a and bleeding to the nearest support clearly drawn from the line 📉📈