LPTUSDT.P trade ideas
Livepeer Rising Channel (Targets Up To 370% Included)I think we can appreciate here a switch from a bearish bias to a bullish bias. The switch happened around June 2023, when the bottom was hit.
We went from a descending channel to a sideways channel with bearish tendencies. From the sideways channel the pair transitioned to an ascending channel (bullish wave).
This week we have the classic volume breakout pattern. The highest volume bar on a weekly basis since May 2024, and this in a sequence of strong and sustained higher lows.
It is easy to assume that this pair is going up, because we have a pattern of higher highs and higher lows.
Will this pair continue to grow? We will see, but we have something already when we look at LPTBTC (see 'Related publications' below).
Thank you for reading.
Namaste.
LPTUSDT | Buy Now, Thank Later | Near Term (4HR)LPTUSDT | Buy Now, Thank Later | Near Term (4HR)
I think another impulse is inbound.
BTCUSDT | Alts Poised to Explode | Near Term (2H)
MYRIAUSDT | Interested to see where this goes | Mid Term (2D)
Mock Up Price Action for VRA w/ Timeline | Mid Term (3D)
Mock Up Price Action for XCH | Mid Term (12HR)
OGNUSDT | Interested to see where this goes | Mid Term (3D)
Mock Up Price Action for CSPRUSDT | Near/Mid Term (2D)
VIDTUSDT | Interested to see where this goes | Mid Term (3D)
RAREUSDT | Interested to see where this goes | Mid Term (3D)
Mock Up Price Action for ALGOUSDT | Mid Term (12HR)
LPTUSDT Forex Trading SignalDirection: Sell
Enter Price: 13.445
Take Profit: 13.00633333
Stop Loss: 13.86733333
We have detected a potential downward movement for the LPTUSDT currency pair using the EASY Quantum Ai strategy. The strategy analyzes multiple market indicators and historical data to forecast market trends and suggests an optimal moment to enter the trade.
Justification:
1. Market Momentum: Recent analysis shows a weakening momentum in the upward direction, reflecting potential for bearish movement.
2. Resistance Levels: LPTUSDT has shown consistent resistance near the current price level, indicating a challenge in surpassing this threshold.
3. Volume Analysis: There has been a noticeable decrease in buying volume, further supporting the indication of bearish sentiments among traders.
4. Trend Analysis: The assessment reveals a downtrend in short-term moving averages crossing below the longer-term averages, which is often a sell signal.
Monitoring these factors suggests that selling at the Enter Price of 13.445 may yield profitable results if the market continues this projected direction. Please ensure to manage your risk with the specified Stop Loss and Take Profit levels.
LPT 8H Update
After a 50% pullback for green X, the blue WXY correction should target the 100% extension of the green WX leg.
This would lead to a test of 8.970, which also matches a support zone from August low.
The lack of RSI divergence also supports this scenario.
Invalidation is above 13.700 (pink level in chart).
LPT/USDT on the Verge of a Breakout LPT/USDT on the Verge of a Breakout 🚀
LPT/USDT is currently attempting a breakout on the 4-hour time frame. If this breakout is successful and followed by a retest, we could see a strong bullish move ahead. 📈 The price action is showing signs of momentum, but it's crucial to monitor key levels for confirmation.
Keep an eye on this pair, as a sustained breakout could lead to a solid upward trend. However, always remember this is not financial advice – do your own research (DYOR) before making any decisions! 🔍📊
LPTUSDT Inverse Head and Shoulder Pattern!LPTUSDT technical analysis update
LPT's price is breaking the inverse head and shoulders neckline resistance and is trading above both the 100 and 200 EMA on the daily chart. A gradual bullish move can be expected in the coming days.
Resistance 1: $17.35
Resistance 2: $20.00
Resistance 3: $26.00
Support: $12.50
Regards
Hexa
LPT ANALYSIS🔮 #LPT Analysis 💰💰
🌟🚀 As we can see that #LPT is trading in a symmetrical triangle and given a perfect breakout. But there is an instant resistance. If #LPT breaks the resistance 1 then we will see a good bullish move in few days . 🚀🚀
🔖 Current Price: $14.800
⏳ Target Price: $23.300
#LPT #Cryptocurrency #DYOR
LPT Looks BullishFrom where we placed the red arrow on the chart, it seems that the LPT correction has started.
The correction looks like a triangle that is over.
By maintaining the green range, it can move towards the targets.
The targets are marked on the chart.
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 Bullish Regular FLAT on LPT with a Bearish Running In this analysis of LPT, we identify a prominent Regular Flat pattern, one of the most striking formations currently seen in the market. Within the internal structure of wave C, a bearish Running pattern is evident, signaling potential further downside.
Despite this, I remain cautious and prefer to focus on the larger timeframes rather than the smaller ones. As a result, I am not shorting at this stage but instead waiting for a solid buy setup to emerge.
LPT analysis (12H)From where we put the red arrow on the chart, it looks like the LPT correction has started.
This is an ABC correction that looks like wave A and B are over and we are now in the microwaves of wave C.
In fact, we are now in the b/x wave of C and in the red range this wave can end and enter the c/y wave of C.
We are looking for sell/short positions in the supply range.
Closing a daily candle above the invalidation level will violate the analysis. (The yellow line is the invalidation level)
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
Lptusdt trading opportunityLPTUSDT has concluded its downtrend through a significant reversal, effectively breaching the downtrend line.
The subsequent pullback to this line elicited a robust bullish response. We have identified a potential buy-back zone, contingent on price action presenting a favorable entry point. The chart delineates targets ranging from short-term objectives to the ultimate setup goal.
A stringent stop-loss strategy is recommended, positioned below the specified buy-back area.
Your engagement with our analysis via comments and likes is greatly appreciated.
Thank you.
Is LPTUSDT Poised for a Major Breakout or a Fakeout?Yello, Paradisers! Ready to dive into the latest on #LPTUSDT? We've been watching closely as LPT shows some promising bullish signs? Let's break it down.
💎#LPT has successfully broken out of a descending resistance, which is a positive momentum shift. The struggle to break the trendline was evident, and now, all eyes are on one crucial confirmation, if the price successfully breaks out above the $12.82 resistance level, we could see a significant upward movement. This could lead LPT to easily reach our target at the strong resistance area.
💎But let's not get too comfortable just yet. The worst-case scenario would be a fakeout, where LPT fails to hold above this breakout level. If that happens, there's a high probability that the price will revisit the strong support area, which could spell trouble. Last time, LPT rebounded significantly after hitting this strong support, so we could see history repeat itself in the coming days.
💎However, if the daily candle closes below the strong support area, this would invalidate the bullish outlook. In that case, we could be looking at a continuation of the downward trend, with prices dipping further.
Stay sharp, and remember that in trading, patience and discipline are key.
MyCryptoParadise
iFeel the success🌴