LPT/USDT Showing A bouncing potential back to continue upward!๐ LPT has recently demonstrated significant market dynamics, currently resting on the demand area and displaying signs of a bounce in recent candle movements.
๐ 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.
๐ 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.
๐ 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.P trade ideas
LPTUSDT | 1W ๐An 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.
โ
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.
โ
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.
โ
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 Wave๐
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 coming๐LPT 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.
๐ 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.
๐ 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.
๐ 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.
๐#LPT long target achievedโ๏ธ๐ง 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.
โก๏ธFrom a wave theory perspective, we have completed the Elliott Pulse Wave.
โก๏ธIt 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.โ๏ธ
๐คIf you like my analysis, please like ๐and share it๐ฌ
๐ Follow me so you don't miss out on any signals and analyze ๐ฏ
Top Gainers: Livepeer (LPT)The Livepeer (LPT) project is a network built on Ethereum and focused on building infrastructure to enable developers to make video streaming applications. Livepeer aims to lay the groundwork for decentralized video streaming, resulting in a cheaper and scalable solution on which developers can build.
....................................................................................................................
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
LPTUSDT(Livepeer) Daily tf Range Updated till 17-02-24LPTUSDT(Livepeer) Daily timeframe range. it had a impressive pump. touched 15.03 at round number which make sense. now btc will try to make a move if not than it will have more chances to try again at 15.03. if it cant than recent support at 10.65.
#LPT โ Moving to the roof of the corner patternIn time h4, it is moving in a descending channel, which is accompanied by demand in the middle of the channel, which, while creating a corner pattern, has the ability to grow up to the specified areas, which, in case of negative reaction, has the ability to correct up to the liquidity area.
Note: If 7.8 is broken above, the scenario will be reversed.
----------
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.
LPT LOOKS BULLISHIt looks like we have a big bowtie diametric on the LPT and we are now in wave E of this diametric.
It seems that the E wave is also a diamond diametric, and now we are in the E wave of this diamond diametric.
By maintaining the green range, it is expected to move towards the targets specified on the image.
Closing a daily candle below 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
A short gain, but the second step is the most importantThis currency is placed in a triangle pattern, if it breaks and exits from this triangle and the price of 8.5 dollars breaks, we can have a safe entry for this currency. The current entry is a risk that you can enter according to the position at your own risk. Support and resistance ranges in this chart. defined
LPT/USDT-12H-BINANCEThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
LPT Had a Good Run So Far| ๐๐What's Next?๐ Paradisers, turn your focus to #LPTUSDT, as it's currently showing promising signs of an upcoming move from a key demand level.
๐ #Livepeer is on an upward course, hinting at a bullish breakout from its current demand zone. There's an anticipation of revisiting the demand level at $7.57 before progressing further upward. If #LPT can hold its ground above this level, it may open up opportunities for a rise towards the significant supply zone at $11.
๐ However, If #LPT struggles to sustain its position above the $7.57 level, a reassessment of our trading strategy might be in order. In such a scenario, we would consider a shift towards catalyzing a bullish trend from a lower bullish Order Block (OB) level at $6.34.
๐ Monitoring this level is essential, as falling below it could indicate a potential move into a significant bearish trend.
๐ Stay sharp and flexible, Paradisers. Your ParadiseTeam is dedicated to providing you with up-to-date insights and strategic guidance, ensuring you're well-prepared to navigate through these market fluctuations effectively.
LPT/USDT Breakout the Pattern. Bullish Momentum for LPT ??๐ LPT's recent market performance has been impressive, with a notable breakout from a descending channel pattern.
๐ Currently, it's undergoing a retesting phase at the demand area. If this retesting proves valid, LPT may rebound from this zone and embark on an upward journey toward a significant resistance target.
๐ However, if LPT merely hovers sideways around the demand area without showing strong momentum, it could signal a concerning development. A failure to uphold the demand level may indicate a false breakout, potentially steering LPT towards a downward trend, targeting the strong support zone around $6.06.
๐ Historically, the $6.06 support level has demonstrated resilience, consistently facilitating a rebound in LPT's price.
๐ It has acted as a crucial pivot point on multiple occasions, but a breach below this threshold could mark a shift to a bearish trend, potentially leading to even lower price levels. Therefore, the response of LPT in this critical support area will be pivotal in determining its future market trajectory.