LPTUSDT trade ideas
LPT with a amazing pull backI think it can be a good long-term entry when BTC starts to lateralize on Monday
#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!
$50 - Livepeer - Grayscale TrustThis the most unexpected coin added by Grayscale as we have theta which has better streaming service. I personally don't like this coin and doesn't look fundamentally strong to me but grayscale trust will give it a push. It's market cap is really low and can grow a lot, so $50 is achievable. I don't love this coin but we will trade it.
Look for a retrace to $12 for opening a long entry in it.
