LPTUSDT trade ideas
LPT LivePeer LONG 20220805Signal: Red -> Green
Context: Green
There is possible for a AB-CD
Risk Reward: 3.5
LPT, LPTUSD, LPTUSDT, LPTUSDTP, CRYPTO, CRYPTOCURRENCY, LIVE PEER
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
LPT possible development of new downtrend - Cryptoz18█ Operation Information
LPT has had too much momentum, VWAP breaking down and maintaining downtrend.
█ Operation data
• Entry price: 9.181
• StopLoss: 9.321 (Loss 1.52%)
• TakeProfit Minimum: 9.017 (Win 1.79%)
• Recommended margin: 5% of the Futures account
• Recommended leverage: 1x.
• Temporality: 15Min - 4H
✔️ Data: The user is recommended to move the StopLoss to entry once we reach the TPM or also known as the Minimum TakeProfit.
In this way, if the trend is good for a longer timeframe, it will never touch the StopLoss placed on our entry. We will only have to pay the commissions in case we get the SL at the entrance.
Being a 15-minute trade looking to take a 4H trend it is likely to have a fairly low Winrate due to the tight StopLoss however this offers us better risk management. We try to take a 4H trend using SL and TPM of 15 minutes.
This way, we seek to obtain a profit of 100% between all operations. Only 5% of the account per operation could achieve our objective and thus obtain a return of 5-7% per month of the total account. This will be reflected at the top of our profile.
]█ Explanation of how the operations work:
Here you can find a brief explanation of how the operations work in case you are interested in following them.
█ Warning
✔️ Blockchain or FX operations represent a high risk. Therefore, this operation should not be taken as an investment recommendation. All I do is share my trade ideas publicly for the viewer to do their own analysis and decide to enter based on her own decision making. The viewer is recommended to have good risk management in their operations. To do this, take into account the fundamental data of Asset Volume, Market Capitalization, Supply, Percentage Change Price, Current Volatility, Perpetual Data, and lastly, proper Margin and Leverage management. Be careful, you can lose all your money in the future if they have poor risk management. Nothing more to say thank you very much.
LPT Livepeer 1Day Chart Trend AnalysisChannel Down was identified on Jun 25, 0:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 32.1492 within the next 43 days, however price action will likely get rejected at the top of the channel $16.00.
Ultimate Oscillator Bullish
ADX Neutral
Momentum Bullish
MACD Bullish
SMA 5 Trend UP (short-term) 19.08%
EMA 9 Trend UP (short-term) 0.98%
LPT Updating historical lows ✈️Reasons to take short
⭐️ BTC looks bearish
⭐️ Updating historical lows
⭐️ 3rd touch
⭐️ Level is visible on daily timeframe
⭐️ Level is 21 days old
Will enter when price squeezes to the leverl on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones