LPTUSDT trade ideas
Livepeer vs Tether Goes Bullish (333.3% Potential Profits)We just looked at LPTBTC (Livepeer vs Bitcoin) - check ' Related ideas ' below - and we are now on the LPTUSDT (Livepeer vs Tether) pair, both are looking good.
This chart is very similar to the BTC pair as we can see a test of support, in this case in the form of a rising trend-line as well as a break above resistance that followed in the form of EMAs.
With LPTUSDT trading above EMA10/21/50/100/300 and MA200, we can easily this pair print a bullish jump.
If I were trading I used a stop-loss around $27, a close below this level... And then just aim all the way up.
We are aiming long at 333.3% but short-term there can be 50% if the bulls follow up.
Feel free to leave a comment with your questions.
Thanks for the continued support.
Namaste.
$LPT/USDT 6h (#BinanceFutures) Bull pennant breakout and retestLivepeer Token regained 200MA support and looks ready for bullish continuation after that pull-back.
livepeer.org
Current Price= 46.751
Buy Entry= 46.750 - 44.510
Take Profit= 53.870 | 62.582 | 75.612
Stop Loss= 40.908
Risk/Reward= 1:1.75 | 1:3.59 | 1:6.35
Expected Profit= +36.12% | +74.30% | +131.42%
Possible Loss= -20.70%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 1 month
Livepeer hey traders, there is LPT, we need closing above the blue line for 1D bar to get the green lines (short term's targets)
the yellow lines (long term's targets) and the stop loss is a close under the red line for 1D bar
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trade carefully guys and don't forget the risk management.
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LPTUSDT trade will be range bounded LPTUSDT trade will be in the range of 23% fib level and 100% fib level. you can enter in either direction to get profit. I will prefer to enter around 23% fib level for long position.
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