Technical Analysis behind LPT USDT trade: 1. Breakout & Supported by the immediate support area & Trendline 2. Three soldiers pattern formation observed, indicating a bullish sign. 3. Backed by the 100 Days SMA . 4. RSI is at 50, a bullish sign. 5. Volume analysis also supports the trade.
Technical Analysis behind LPT USDT trade: 1. Supported by the immediate support area & Breakout 2. Bullish engulfing formation observed, indicating a bullish sign. 3. Backed by the 100 Days SMA . 4. RSI is at 60, a bullish sign. 5. Volume analysis also supports the trade.
#BTC/USDT ANALYSIS It bounced after hunting stops below the channel support by liquidity grab wick and now it is again back in the channel. It has also respected the previous higher low and it is creating lows in an ascending order. Further consolidation can be expected inside the channel until we see a successful breakout