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✴️ Livepeer Situation Similar to EOS (Low Risk, High Potential)
Livepeer
Long
✴️ Livepeer Situation Similar to EOS (Low Risk, High Potential)
By AlanSantana
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Updated
Aug 23, 2023
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3
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Cheer
2
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Jun 7, 2023
Livepeer (LPT) hit a low mid-May, the strong shakeout that happened 5-6 June lead to a higher low followed by a new intra-day high.
We also have a volume breakout in the last two days but volume is not available on this chart.
All in all; When a strong negative event fails to crash the market, we take it as a bullish signal rather than a bearish one.
That fact that this pair remains within a higher low compared to mid-May and early January 2023, is all we need.
This is a great setup for traders... A very high rewards potential, very low is the risk.
With multiple trades like this, diversification and patience...
We are sure to win.
Namaste.
Aug 23, 2023
Comment
+130% by 13-August.
A new bullish wave is expected now with new/additional growth.
Chart Patterns
Technical Indicators
Trend Analysis
AlanSantana
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