LTP: Explosive Breakout Alert! Bullish Momentum Unleashed
💎 LPT has broken out of the trendline, exhibited CHoCh (Change of Character), and shown BOS (Break of Structure) towards a bullish market structure. Additionally, it is forming an inverse head and shoulders pattern, further enhancing the probability of a bullish move.
💎LPTUSDT may also undergo a pullback to the bullish Order Block (OB), presenting an opportunity for a bounce. If the price breaks out above the resistance and neckline of the inverse head and shoulders pattern, it would confirm the formation of a bullish structure, and we can anticipate targets near the next resistance levels.
💎However, if the price breaks below the demand area, it would signal a bearish movement, as LPT would start exhibiting a bearish structure.
💎LPTUSDT may also undergo a pullback to the bullish Order Block (OB), presenting an opportunity for a bounce. If the price breaks out above the resistance and neckline of the inverse head and shoulders pattern, it would confirm the formation of a bullish structure, and we can anticipate targets near the next resistance levels.
💎However, if the price breaks below the demand area, it would signal a bearish movement, as LPT would start exhibiting a bearish structure.
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