LPTUSDT trade ideas
LPT: can 10x in the next few weeks? here is whyLPT looks really good because we have a falling wedge (bullish pattern) on the weekly chart and the price is currently above it. Also, we have an accumulation phase by whales. This is a really strong combo, so I recommend buying this coin. Where to take profit? We have a huge volume node, which you can see on the market profile - this is the first resistance. If the bulls are strong enough,we should see an all-time high pretty quickly. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Livepeer is a unique project because it aims to revolutionize the broadcasting industry by employing the powers of blockchain technology. The open-source platform allows users and developers to participate in the management and improvement of the platform freely. The growing capabilities of digital cameras for producing high-quality video content drive the development of the broadcasting industry, and Livepeer aims to further boost this process by allowing users to benefit from decentralized computing power and crypto-economic incentives for bootstrapping and participation.
Livepeer is becoming a leading industry platform, as it allows users to participate in numerous ways. The platform offers opportunities for pay-as-you-go content consumption, auto-scaling social video services, uncensorable live journalism, and video-enabled DApps. Livepeer is transforming the live video streaming process and is on the road to becoming an industry leader. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
#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 looks bearishLPT seems to be forming a bearish triangle.
It seems to be at the end of wave D.
It is expected to go up a bit for wave E and then drop out of the red range.
The targets are clear on the chart.
If it reaches the red range, we will look for sell/short positions.
Closing 1 daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LPTUSDTHi snipers. LPTUSDT. The price is moving in a one-day time frame in an ascending channel and after approaching the ceiling of the channel and correcting the price, it has hit the lower line of the channel and also at this point we have the 103-day moving average, which can It plays a strong supporting role. At the same time, these two together create a good opportunity to buy. Nothing is impossible. This analysis is only a possibility. Be careful with your assets.
Possible sharp LPT trend
LPT targets are indicated in the picture.
LPT has changed its trend after hitting 16,392. And it may have a sharp move from the range of $19 towards the targets, otherwise it will hit the support range of 16,834 to 14,904 again and move towards the targets from there.
With respect
LPT/USDT Keep an eye on the support, potential bounce back to UP💎 LPT has recently encountered significant market dynamics, experienced rejection and forming a double-top pattern in the hourly timeframe. If this pattern holds true, there is potential for LPT to undergo a retest of the support area around 16.5.
💎 If LPT shows signs of bullish rejection at the support, such as forming bullish candle patterns, there is potential for the price to bounce and resume its upward trajectory, potentially testing the strong resistance area once again.
💎 However, if LPT fails to bounce when it reaches the support area, and even breaks down below it, it would signal bearish momentum, with the price potentially targeting the demand area.
💎 When LPT reaches the demand area, it must bounce and reclaim the area above the support at 16.5. A successful bounce would indicate a potential return to upward movement. However, failure to do so could lead to continued downward movement, with the price potentially declining further.
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.
🚧LPTUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
COINEX:LPTUSDT
😊 Today, I want to analyze Bitcoin for you in a Weekly time frame so that we can have a Mid-term view of LPTUSDT regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
LPT has Created a Large Rounded Bottom. This Means The Price Can Increase as Much as the Length Between The Top and The Bottom Of the Rounded Bottom. Since the rounded bottom is Not broken. The price can have a good rally after the breakout.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- Rounded Bottom
- AB=CD
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
$BINANCE:LPTUSDT To Reach $14 if it broke the $9.35 MarkBINANCE:LPTUSDT has a target beyond the $10 Mark i wrote about before, which is the $14 Range, almost 100% increase From Current Price.
Writing this Idea, Currently we are in a Corrective Area, Colleting as much buyers as Possible to Impulse its away to The $12 Range, and a Possibility to do another Small Correction in that area before Finally Reaching the $14 Mark.
We have two Major Price Points to look for
Break Up $9.35 , We go up to $14.
Break Down $5.50 , The Sequence is Broken and will be much likely not Reaching $14 and Start Huge Downtrend.
This is not a Buy nor Sell Signal.
LPT/USDT Showing A bouncing potential back to continue upward!💎 LPT has recently demonstrated significant market dynamics, currently resting on the demand area and displaying signs of a bounce in recent candle movements.
💎 This bounce suggests a potential resumption of upward momentum for LPT, with a likely scenario being a return to retest the Bearish Order Block (OB), probability representing our target area.
💎 However, should LPT break below the demand area, the next significant level to watch for is the support area around $9.35. A breach of this support level would be considered unfavorable, indicating a continuation of the downward movement for LPT.
💎 Upon reaching the support area, it is crucial for LPT to bounce back if it intends to sustain its upward trajectory. Conversely, if LPT breaks below the support level, it would confirm a bearish trend, potentially leading to further downward movement.
LPTUSDT | 1W 👀An interesting moment on the hourly timeframe: a triangle pattern has formed, indicating a continuation of the uptrend. However, trading volumes have declined. This could be attributed to reduced volatility during the weekend, but typically, such formations indicate another impulsive move.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Livepeer. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Livepeer #Investment #LPT
LPTUSDT IDEAUPDATE
Bullish Pennant Upside Breakout is Already Done in 4H Timeframe...
Expecting Bullish Wave📈
COIN DETAILS
Livepeer price today is $ 14.38 with a 24-hour trading volume of $ 275.95M, market cap of $ 446.19M, and market dominance of 0.02%. The LPT price increased 0.76% in the last 24 hours.
LPT/USDT Keep an eye! IF Breakout the resistance, PUMP is coming💎LPT has undeniably garnered significant attention in the market. Currently, it is in the process of climbing upward towards a resistance level, and coincidentally, the resistance trendline is also converging in that area.
💎 If LPT successfully breaks out of this resistance, it could trigger a substantial upward movement on the chart, probability reaching our target at the strong resistance area.
💎 Conversely, if LPT fails to break through the resistance, the price may retreat to retest the support bullish trendline. In such a scenario, the price must bounce from the support because a breakdown of the bullish trendline would indicate a shift back to a downward movement, with the support area around 5.95 as a possible target.
💎 Upon reaching the support, LPT needs to bounce from this level. To sustain the upward movement, LPT would need to reclaim the area above the support bullish trendline. Failure to do so could lead to the breakdown of the demand area, resulting in further downward movement in the price, possibly returning to the demand area or even lower.