Livepeer is Close to a Slide
Livepeer prices are moving inside a triangle, which is an uncertainty pattern. Prices are closing to the resistance of this triangle. Prices are moving alongside a downtrend. So, it is likely the price will exit the triangle to the south and continue down. Thus, it could be interesting to consider short trades from 6.0510-6.1180 with a target at 5.5680, the low of August 22. The stop-loss could be set at 6.2890, which is the high of September 13.
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