LRCUSDT has experienced a clear bearish impulse in the past, and is currently in a consolidation phase. The price is now testing a key support level at the $0.35 area, which is an important level to watch for traders.
According to Plancton's Rules, if the price of LRCUSDT breaks below the key support level and starts to trade below it, it could be a signal for new short positions to be initiated.
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Follow the Shrimp 🦐
Keep in mind.
According to Plancton's Rules, if the price of LRCUSDT breaks below the key support level and starts to trade below it, it could be a signal for new short positions to be initiated.
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <= 1h structure.
Note
testing the key level right nowNote
Still testing the support
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.