$LPT spot analysis 👇🏻
📍 Next major resistance : $6
A breakout above this level could trigger momentum.until then - patience is key
What’s your view ? 👀
$RIO is a perfect example like why you should always keep your eyes on invalidation…
when it closed below the invalidation it was less than -5% loss but anyone who didn’t cut faced -40% free fall…..
so here’s the update for the people who are still stuck in this shit…
if you switch to monthly chart then you can see its sitting on monthly demand area 0.042614$ - 0.039709$…
its a must hold level for macro higher low…
if #RIO holds here then it can go for 0.58$ - 0.65$ (15x - 16x move) from here….
but if crashes lower and closed below 0.01760$ then its over for #RIO,,.
lets see how it goes…
@jeffdhilderman@CharlesVemana If prices dips even lower than ATL, some investors rewards ratio will be still low as buying is around 5-6c. If price goes to a $1 , 20x from 5c DCA price