LPTUSDT trade ideas
Check LPT token statusCheck LPT token status
In the one-hour time frame, the RSI indicator is decreasing and it registers lower peaks.
On the other hand, the price is below the resistance zone and is still involved with the midline of its ascending channel.
If the candle closes below the midline of the ascending channel (confirmation candle), you can have a positive opinion on the short position.
Check it.
✴️ Livepeer Full Green Today (Short-Term Targets Inside)Livepeer has been on my radar for a while now and the chart has been bullish since June.
There is a set/group of Altcoins that bottomed 10-June, I call these the "strong ones".
Other Altcoins produced lower lows in August, September and some even in October, all part of the same corrective phase, the one that followed the initial early 2023 recovery bullish wave.
There is no difference at this point between a higher high and higher low when it comes to the bigger picture. We have the bullish breakout, a long correction followed by a new and stronger bullish wave.
👉 We are now in the next bullish wave phase, so we can see many pairs moving up.
➖ LPTUSDT is trading above EMA50, EMA10 and EMA1.
➖ The RSI is good at 66.
➖ Trading volume is still low but only because we are witnessing the calm before the storm.
The next move can happen really fast, big candles as in early August.
The breakout seems imminent based on the current chart.
The gray space on the chart denotes the support levels.
The targets can be seen green.
Thank you for reading.
Thanks a lot for your support.
Namaste.
📊#LPT may rise based on a declining wedge📈➡️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 resistance line, so we can judge that this breakthrough is just an attempt. Otherwise, it is considered a breakthrough success.
🧠If we look at it as a non-breakout success, then I would prefer to form a bottom-smiley bullish structure, and if this scenario is true, then combined with the inverted nature of the declining wedge structure, we have a higher probability of reversing higher.💯
➡️So now all you have to do is wait for the right opportunity to come along☕️👀
🔔If you think my analysis is useful to you, please don't forget to "like" me.✔️💯💪🍻
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LPTUSDTLPTUSDT is trading in symmetrical triangle pattern. The price is reacting well the support and resistance of triangle.
Currently the price is at the support of triangle where it is also forming a local support zone and seems like the price may break through the triangle.
If the breakout sustain to upside the optimum target could be 6 followed by 8
What you guys think of this idea?
LPT target 104h 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
LPT is in a bearish waveOn the daily time frame, we have had a large diametric that has now ended the bullish wave F and we seem to be in the bearish wave G of this diametric.
The supply range is the offer range of the sell/short position.
I also specified the invalidation level, closing a daily candle above this level will invalidate the analysis.
It is better to set targets for yourself before reaching the green range, midway, and constantly reduce your volume. Because nothing is certain in the world of financial markets and we are dealing with possibilities
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
LPT/USDT SCALP (HIGH RISK)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 follow my page.
lptusdt-mentoringlptusdt speculative view
lptusdt on weekly looks like made a higher low since it started the consolidation phaze
and now looks good for good long position trade at least to its previous ATH- about 14x
look for short if rejects 7.95 area
look for short if close under 5.42 area
look for longs if close above 8.27 area
look for long if holds 5.64 area
6.64 looks very promissing that the price will reach 7.95 area first
so i take long here
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Tolerance will reach such a level that intelligent people will be banned from thinking so as not to offend the imbeciles- F.M.dostoyevsky
LPT Short Trade
Disclaimer:
This is not financial advice. I am not a financial advisor and I am not responsible for any financial losses that you may incur as a result of following my advice. Please do your own research before making any investment decisions.
Fundamentals:
LPT is a utility token that powers the Livepeer decentralized video streaming network. Livepeer allows users to stream video content to a global audience without the need for a centralized server. This is made possible by a network of nodes that provide computing power and bandwidth to the network.
LPT is used to incentivize node operators to participate in the network and to reward users for contributing to the network. LPT is also used to pay for transaction fees on the Livepeer network.
Recent news:
Livepeer has announced a partnership with Theta Labs to integrate Theta's streaming technology into the Livepeer network. This will allow Livepeer users to stream video content to a wider audience and at higher quality.
Livepeer has also announced a partnership with Bitmovin to integrate Bitmovin's encoding technology into the Livepeer network. This will allow Livepeer users to encode their video content more efficiently and at higher quality.
lpt chartHello guys. The lpt chart can be really interesting. It has finished a diagonal pattern of incomplete termination. And now it is finishing the corrective trend of wave 2 of 5 main trends. It may want to add an x wave, but the trend will be defining. I will update, but I am risk-free here. Be profitable.
Potential Long with Low RiskChart 4H TF
LPT has bounced back from the support around 5.6 which level is very strong support because it's strong momentum push price soared before
In my opinion, this area is good buying zone with low risk
Besides, LPT has resistance around 6.5
Wait and see what happen
LPTusdtLPT long entry.
Disclaimer: The trading signals provided are for informational purposes only and should not be considered as financial advice. Trading in financial markets involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. The sender of these signals is not responsible for any losses incurred due to trading decisions based on the provided signals. Traders are advised to conduct their own research and seek advice from qualified financial professionals before making any trading decisions.