Lptusdtperp
LPTUSDT Inverse Head and Shoulder Pattern!LPTUSDT technical analysis update
LPT's price is breaking the inverse head and shoulders neckline resistance and is trading above both the 100 and 200 EMA on the daily chart. A gradual bullish move can be expected in the coming days.
Resistance 1: $17.35
Resistance 2: $20.00
Resistance 3: $26.00
Support: $12.50
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Hexa
#LPT/USDT#LPT
The price is moving in a bearish channel pattern on a 12-hour frame, which it adheres to perfectly. We have stability above the moving average of 100.
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 15.30
First target 17.30
The second goal is 19.75,
the third goal is 22.31
#LPT/USDT#LPT
The price is moving in a downward channel on a 12-hour frame, which it adheres to perfectly. We have a major support area at the $11 level. We have a trend for stability above the moving average of 100.
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 12.45
The first goal is 14.75
Second goal 19.06
Third goal 22.30
LPT/USDTHi Guys
LPT is looking good on weekly chart
***Breakout of falling wedge then retest***
**** RSI is too close of breaking out the trend line****
Targets on chart .
PLZ DYOR
Disclaimer: This article is for informational purposes only and not financial advice. Conduct thorough research and consult with professionals before making investment decisions.
Good luck.
📊#LPT long target achieved✔️🧠From a structural perspective, the double bottom bull goals have all been achieved. The objectives of the cup-and-handle bullish structure were all achieved.
➡️From a wave theory perspective, we have completed the Elliott Pulse Wave.
➡️It is now back near the buying zone, and there may be a rebound. However, since there is no structural support, I am not optimistic about the future trend. I will wait until a new structural form is formed.☕️
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📊#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☕️👀
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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/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.
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Lpt/usdt update Lpt/usdt
4H Time-frame
A triangle pattern has formed on the 4-hour time-frame. This pattern is neutral and can break out in either a bullish or bearish direction. However, based on the overall market trend, I anticipate the price to break out upwards from this pattern, resulting in a 30-50% bullish move. Let's wait and see.
Note: These ideas are personal opinions. Always conduct your own research before making decisions. Good luck!
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Lpt/usdt UpdateLpt/Usdt
The price of Lpt increased significantly over the weekend. If we observe the current trend in the crypto market, we can see that one coin tends to increase in value every weekend, like YGG and STMX. However, these coins usually experience a sharp decline after Monday.
I have a similar expectation for Lot, that its price might decrease by around 20-40% in the coming week.
Remember, this is just a thought. Before making any decisions, it's important to do your own research.
Best of luck!
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Livepeer LPT price is going up, how long will it last?The Livepeer LPT price is currently being pumping. We don't know the reason for the pump, but it doesn't matter. Now the main thing is to figure out where the strong liquidity zones are, respectively, where the "strong fights" between buyers and sellers will be unleashed.
The nearest strong liquidity zone from above is in the range of $7-7.50 , with an average price of $7.25. That is, the closer the LPTUSDT price approaches it, the greater the chance of a deep and sharp correction.
The correction -35-40% after a pump may take several hours to several days.
This is what happened recently with the Storjusdt price.
Below LPTUSDT price has a strong liquidity zone $4.40-5
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