LRC : Looks like a typical example for - Bouncing ball PatternIt has bounced down from Previous ATH (since then) - to current level forming different heights (ATL's).
$Loopring looks like a pretty decent buy as shown after further dropping 5 to 10% from now.
The chart becomes extremely Bearish if it moves and breaks down the green zone.
The chart becomes extremely Bullish if it gets high Volume over MA., & starts towards an Uptrend breaking all Resistance zones., as it has done previously the same as indicated using a Yellow circle.
(
GME - announcement might be the exact triggering point) Trade closed: target reached
Pumping towards green zone.Breaks the green + Volume gains = $1.61 Mark.
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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.