#LPT Livepeer to 39$? We can see that LPT maintains a strong accumulation since the end of May as well as a large part of the altscoins.
Livepeer is crossing the MA 20 and MA 50 which is a bullish sign.
If we add to this that Livepeer is about to break a strong resistance of the triangle. It is easy to see Livepeer in a target of $ 39 representing 78% fibo.
LPT
LPTUSDT { LIVEPEER } - BULLISH SETUPANALYSIS 🔎
- LPT/USDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@22.5)
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
LPTUSDT { LIVEPEER } - BULLISH SETUPANALYSIS 🔎
- LPTUSDT is printing an ascending triangle pattern.
- Price is testing the ascending triangle's inclined support.
- There's a high concentration of buyers at this zone
- Price action is printing a pennant pattern at this zone.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the pennant pattern's horizontal resistance.
- Limit entry: test of the pennant pattern's inclined support.
TARGETS 🎯
- Ascending triangle's horizontal resistance.
SETUP INVALIDATION ❌
- Breakdown below the pennant pattern's inclined support.
- This breakdown could lead to a touch of ascending triangle's inclined support.
$LPT headed to $42 in the near termHi traders,
I love the chart setup here. Appears that we're in the wave 2 of the larger wave 3 setup. This is a great area to get into for larger gains. As long as we hold the $17 area I expect a reversal and subwave 3 of the larger wave three to take us to the 1.618 fib of about $28 (but could go higher - 2.618 or 3.618) ultimately, if we stop out at the 1.618 fib near the $28 level, I expect a retrace and eventual wave 5 to hit at least $42!
These are just my thoughts and you should never make trading decisions based on anything I say, please do your own research.
Cheers!
LPTUSD Repeated Rejection idea1,2 (2 is the assumed movement for the second rejection)
This would also be a double top
An inverse Head and Shoulders is also present and outlined on chart
Small profits add upIn a matter of a month, I was able to use LPT to gain $5000 through the small dips and during times of resistance. Going big is not always the best scenario, especially if you are starting out small. Time and analyzation is key to knowing when to buy. I spent six months studying the market, and I am still learning as I go. Study and analyze before you just jump in.
LPT Livepeer :) Looking good!Livepeer looking good right now RSI It's doing well and can only imagine more upward movement...
LivePeer LPTBTC filling the pondGoing long with LPT for all the fundamental reasons behind the project, newly listed on Binance and with a potential to fill that large pond on the chart.
This is a long term HODL play. My entry and exit marked in blue and green lines.
LPT with a amazing pull backI think it can be a good long-term entry when BTC starts to lateralize on Monday
LPTBTCjudging by the size of the green candle theres a high probability it will break the current resistance
#LPT, #Livepeer Triangle Breakout!A quick look at #Livepeer (#LPTUSDT, #Poloniex, 4HR):
Price broke out the upper resistance of the triangle pattern .
Let's wait for a confirmation of S1 or S2. If confirmed, we could see #LPT explore higher grounds. If both fail, price might go back down to S3.
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment or follow me. :)
Thank you and Happy trading!
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Needless to say, this is not financial advice!
JUST BUY SHITCOINS ! LIVEPEERWe are in the middle of an Alt-Season and this shit got a lot of volume
Big probabilities of a continuation after we break that first resistance
Potential +115%
