After posting recent high of 27.4, LPTUSDT is in downtrend. Now it gave breakout of falling wedge pattern on daily and 4 hrs time frame. after breakout, it is going to test downward trend line. If the bulls get the momentum and show strength, then it may test recent high around 26.7 to 27.4 level. Further, to add bullish bias, bullish divergence is also appeared on 4 hr time frame in near past.
Entry Price: 15.70
TP-1: 22.17
TP-2: 26.7-27
SL:8.90
Entry Price: 15.70
TP-1: 22.17
TP-2: 26.7-27
SL:8.90
Note
TP-1 hit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.