LPTUSDT_BUYING OPPORTUNITYTECHNICAL OUTLOOK AT 1H:
1. Bullish Divergence
2. In Accumulation phase
TRADE PLAN:
I would recommend to take entry at the break of red dotted line or accumulation phase.
LPTUSDT.P trade ideas
LPTUSDT Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
LPT held the price range of $10.8 to $12 as strong support. The rebound showcases a decent rally toward the upper resistance trendline at $25.
The price action shows promising potential for a bullish rally if it maintains above the 200 EMA. Monitoring key support, resistance levels, and market sentiment is important to validate trading decisions.
Key levels:
- Primary Support: 200 EMA at $15.245.
- Lower support: $10.8 to $12.
- Resistance/Target: $25.
DYOR, NFA.
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LPT/USDT - July 2024LPT: The Hidden Gem
LPT (Livepeer Token) is one of those underrated coins that hasn't caught the mainstream attention it deserves. However, it's been quietly making significant moves, consistently forming higher highs and higher lows in an impressive uptrend!
Currently, LPT is in a 5-month consolidation phase between $12 and $26. Once it breaks out of this range, we could see a massive rally towards $90 or even a new all-time high!
- LPT Limited Supply: With a total max supply of only 33 million tokens.
- A current total market cap of just $600 million signals massive potential for continued growth this cycle.
I've been accumulating LPT from 5$ and added more over the last 5 months, and there’s still time for you to grab your bag and hold it for potentially massive profits!
Remember, this is a spot holding for a long-term position.
Those who have my private consultants got into LPT at $5! But here I am, posting this publicly as there is still a chance for another 5X to 10x gain this cycle.
#Crypto #LPT #Livepeer #Altcoin #CryptoInvesting #Trading #Cryptocurrency
-----------Disclaimer --------------------
This is not financial advice. Please do your own research and consider your risk tolerance before making any investment decisions.
It's crucial to manage your funds wisely. If the market loses the main support area, especially on the weekly chart, be prepared to exit your positions. However, stay alert for potential shakeouts - temporary drops that regain support—which can provide opportunities to re-enter the market.
Remember, the strategy for taking profit isn't about hitting an exact number. Instead, we focus on areas of possible resistance or support. As we approach these areas, we move our stop-loss orders higher, allowing us to follow the price action toward higher targets. This method helps secure profits as the rally progresses.
Always have a plan for both entry and exit points. By adhering to these strategies, we aim to optimize our trading outcomes and secure massive profits.
Successful trading involves understanding the rules and executing them with discipline. Stay focused, manage your risks, and be ready to capitalize on market opportunities.
Happy trading!
LPTUSDT 3DBuy some #LPT for the mid-term. This is one of the 3x potential coins. Wait for it to break out above the MA50 on the 3-day chart before entering this coin. The targets are:
$22.338
$28.030
$33.722
$41.827
$52.150
LPT ANALYSIS (12H)From where we entered "START" on the chart, the LPT correction seems to have started.
LPT correction seems to be an ABC as we are now in wave B.
Wave B looks like a triangle, we are now in wave d of this triangle.
The green area is where to look for buy/long positions.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
$LPT - SpotThis ia an update from my previous chart.
Long aacumulation inside the huge Rounding Bottom.
Have a good potential to rise if holding the support.
Keep an eye !!
I am starting accumulate buy from now.
Please DYOR befor make a decision and always use Stop Loss.
$LPT with bullish formationUPCOM:LPT forming a huge Rounding Bottom and trade above EMA50.
Breakout from this formation will lead a big move.
Expecting Cup and Handle formation to start skyrocket
Target : $33.3 - $58 - $100 - $353
Alikze »» LPT | Pullback to the broken ceiling🔍 Technical analysis: Pullback to the broken ceiling
- In the 4H, 8H time frames, it is moving in an ascending channel.
- It is currently in the middle of the channel above the green support box area.
If it stabilizes above this area, it can continue up to the supply area and the ceiling of the growth channel.
💎 Alternative scenario: If the green box is broken, it can have a correction to the bottom of the channel with targets of 20.36 and then 18.75.
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The trend of LPT is completely bearishThe trend of LPT is completely bearish, and it is moving downwards. It has a strong descending channel where it was ranging, and last night, we saw a heavy drop towards the bottom. The scenario is a move towards the top of the channel, where we could potentially see upward movement with strong confirmations.
Livepeer (LPT)Livepeer is the first live video streaming network protocol that is fully decentralized. The platform, launched in 2017, is a video infrastructure network for live and on-demand streaming and aims to become a viable blockchain-based, economically efficient alternative to centralized broadcasting solutions.
Anyway, the LPT start was very good; a 5-waves upward rose more than 3000%. Then correction started, which were both deep and timely. After LPT broke the major downtrend line, the next upward phase started. Then, LPT went up, broke the first horizontal resistance area, reached the second one, but couldn't pass it, thus making a pullback. If LPT wants to go higher, it first has to break the second horizontal resistance area. Let's see what happens.
#LPTUSDT ( red resistance )Despite the red resistance line and band, we can only sit and wait for the failure of these two cases.
Strong crossing can bring beautiful growth.
Livepeer to $12On the above 2-day chart price action has corrected 40% from the recent high. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Price action finds support on past resistance. Look left.
3) Price action finds support on the Golden ratio.
4) The bull flag flagpole measures 100% move following resistance breakout.
5) GRM support is already confirmed.
Is it possible price action corrects further? Sure.
Is it probable? no.
Ww
Type: trade
Risk: <=6%
Timeframe for long: now
Return: 100%
LPTUSDT: Bearish Trend (Head & Shoulder Pattern)Currently LPT is forming HHs and HLs but on the 30mint time frame there is a strong Bearish Divergence and LPT could not break the previous HHs and forming Head and Shoulder pattern, so for the confirmation of the bearish trend we will wait for the break of the HLs and nick line then take a short entry.
Analysis of LPTUSDT.PChart Time Frame: 4h
Current Price: 21.667
Bollinger Bands (21,2):
Lower Band: 20.874
Middle Band: 21.623
Upper Band: 22.371
Broken Support: 22.697
Resistance: 23.795
Recent Price Action and Historical Context:
Current Position within Bollinger Bands:
The current price of 21.667 is just above the middle band (21.623) but below the upper band (22.371). This indicates that the price is in a relatively neutral position within the Bollinger Bands, suggesting limited immediate upward or downward pressure.
Broken Support Level:
The previous support at 22.697 has been broken, which is now acting as a resistance level. This broken support level indicates that the bears have recently taken control, pushing the price below what was once a significant support level.
Key Resistance Level:
The next major resistance level is at 23.795. This level will be a critical test for the bulls if the price attempts to move higher from its current position.
Overbought Condition and Retest of Resistance:
On 22nd May 2024, the price was above the resistance at 21.214, indicating an overbought condition. Since then, the price has retraced to this resistance level three times, demonstrating significant volatility and testing of this key level.
On one of these occasions, the price dropped up to 6.5% lower than the resistance at 21.214, showing that there was a substantial pullback after each attempt to retest this level.
Market Sentiment and Potential Scenarios:
Bullish Scenario:
If the price can break above the upper Bollinger Band (22.371) and reclaim the broken support at 22.697, it could target the resistance at 23.795. Successfully overcoming these levels would indicate strong bullish momentum and could lead to further gains.
Bearish Scenario:
If the price fails to hold above the middle Bollinger Band (21.623) and continues to fall, it could retest the lower Bollinger Band (20.874). A break below this level would suggest further downside potential.
Neutral/Bounce Scenario:
The price might continue to oscillate within the current Bollinger Bands range (20.874 - 22.371) without a clear directional move. Given the historical context of retracing to the resistance at 21.214 multiple times, the price might again attempt to find support around the middle Bollinger Band before making a decisive move.
Conclusion:
LPTUSDT.P is currently in a consolidation phase within the Bollinger Bands, with significant levels to watch on both the upside (22.697 and 23.795) and the downside (21.623 and 20.874). Traders should look for a break and close outside the Bollinger Bands for potential trend confirmation and monitor key support and resistance levels for signs of continued volatility and potential reversals.
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Trading cryptocurrencies involves significant risk, and you should consult with a qualified financial advisor before making any investment decisions.
LPT/USDT Break alert!! Possible is continue upward after retest!💎 Paradisers, #LPT is indeed a coin worth monitoring closely.
💎 After successfully breaking above the resistance area of the ascending triangle and transitioning into the support region, LPT's current price action suggests bullish momentum.
💎 The price is likely to undergo a retesting phase, potentially revisiting the support zone around $16.7 - $15.9 before resuming its upward movement towards our target strong resistance area.
💎 However, if LPT fails to bounce during the retesting phase and the support proves to be weak, it could signal a bearish turn of events. In such a scenario, the ascending triangle pattern would fail, and LPT might resume its downward movement, heading towards the demand area around $14.15.
💎 Considering the historical price behavior, LPT has previously demonstrated strong bounces when reaching the demand area.
💎 But if LPT fails to bounce at the demand zone and breaks below it, along with breaching the support trendline, it would validate a bearish scenario. This would entail the bullish invalidation, indicating a continuation of the downward movement with the price potentially dipping even further.
MyCryptoParadise
iFeel the success🌴
LPTUSDT.P TECHNICAL ANALYSIS Technical Analysis: LPTUSDT.P (4h Chart)
Current Price: $22.272
Recent Market Events:
Last Overbought: 22nd May 2024
Broken Resistance: $21.214
Key Levels:
Resistance: $24.712
Support: $21.467
Bollinger Bands (21,2):
Upper Band: $24.292
Middle Band (Basis): $22.317
Lower Band: $20.314
Analysis:
Current Situation:
The current price of $22.272 is slightly below the Bollinger Basis ($22.317), indicating a potential shift in market sentiment.
The price recently broke the resistance at $21.214, now likely acting as a support level.
Key Levels:
Resistance: The next major resistance is at $24.712, close to the upper Bollinger Band ($24.292). This indicates a strong resistance zone between $24.292 and $24.712.
Support: Immediate support is at $21.467. If the price falls below this level, it may test the lower Bollinger Band at $20.314.
Bollinger Bands Analysis:
Upper Band ($24.292): Indicates the upper limit of the current price range, acting as a resistance.
Middle Band ($22.317): The current price is slightly below this level, suggesting potential bearish pressure but also close to a pivot point.
Lower Band ($20.314): Acts as a significant support level in case of a downward movement.
Market Sentiment:
The recent overbought condition on 22nd May 2024 suggests that the market had a strong upward movement which may now be consolidating.
The average price change of 2.25% indicates moderate volatility.
Conclusion:
LPTUSDT.P is currently in a consolidation phase just below the Bollinger Basis. The price is supported by the broken resistance at $21.214 and has immediate support at $21.467. Resistance is strong near $24.292 to $24.712. Watch for a breakout above the Bollinger Basis ($22.317) for a potential bullish move towards $24.712. Conversely, if the price drops below $21.467, it may test the lower Bollinger Band at $20.314.
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Trading cryptocurrencies involves significant risk, and you should consult with a qualified financial advisor before making any investment decisions.
LPT ANALYSIS🔮 #LPT Analysis 💰💰
🌟🚀 There is a complete formation of Cup and Handle Pattern in #LPT. We are just waiting for a perfect breakout. If #LPT breakout with good volume then we will see a very good bullish move.🚀🚀
🔖 Current Price: $22.560
⏳ Target Price: $43.500
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #LPT. 🚀💸
#LPT #Cryptocurrency #DYOR
LPTUSDT-Gaining Bullish MomentumAfter 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
Alikze »» LPT | Pullback to broken structureAccording to the previous analysis that was reviewed in 1H time, after the correction to the support box, the demand was met, and the target touched the ceiling of the channel after the correction.
💎But currently, in 1H time, after hitting the ceiling of the channel, it is being corrected, and this correction can extend to the green box, in case of renewed support, it will face demand and touch the supply range target.
💎 Alternative scenario. If this rapid correction is extended to the green box, it will be possible to break it up to the range of 15.63.
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#LPT/USDT#LPT
The price is moving in a bearish channel pattern on a 12-hour frame, which it adheres to perfectly. We have 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 15.30
First target 17.30
The second goal is 19.75,
the third goal is 22.31
A great opportunity on Livepeer (LPT)?Livepeer BINANCE:LPTUSDT seems to be giving us a great opportunity by retesting the top of its previous accumulation range. The Perfect Cloud (BPC) remains green, indicating that the uptrend is intact for the time being.
This retracement back to this very strong structural level is further reinforced by the Vegas Daily (blue cloud) of the Trend Identifier (BTI) !
Alikze »» LPT | Ready to correct up to the support zoneIn time 1h, it is moving in an ascending channel, which is currently in the specified supply area, and has tried to break the range twice.
According to the structure, it can have a correction up to the green box area.
💎 In addition, if it meets the demand and can break the area, it can continue the route to the roof of the channel.
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LPTUSDT.PHello Trader BINANCE:LPTUSDT.P
line yellow area 2 hours there is a fairly strong resistance, can be used as a reference for short sell. history area previously there was a falling wedge area. possible area for bounce back for now
entry area 20,970 - 21,216
take profit 15%
stop loss 3%
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Disclamer: Not Financial Advice
