Livepeer vs Tether Goes Bullish (333.3% Potential Profits)

11 Feb 2022

We just looked at LPTBTC (Livepeer vs Bitcoin) - check 'Related ideas' below - and we are now on the LPTUSDT (Livepeer vs Tether) pair, both are looking good.

This chart is very similar to the BTC pair as we can see a test of support, in this case in the form of a rising trend-line as well as a break above resistance that followed in the form of EMAs.

With LPTUSDT trading above EMA10/21/50/100/300 and MA200, we can easily this pair print a bullish jump.

If I were trading I used a stop-loss around $27, a close below this level... And then just aim all the way up.

We are aiming long at 333.3% but short-term there can be 50% if the bulls follow up.

Feel free to leave a comment with your questions.

Thanks for the continued support.

Namaste.