LRC rejectedIf no announcement comes this week we can see a slow bleed for the next 4 weeks.
Down to base of flag, 1.60 areas where to the last dump wick reached. This will maych the weekly me and the gamestop quarterly report at the end of january ( or their possible timeframe for announcement ).
Wait and see plus, Accumulate.
LRCUSDT trade ideas
LRC : Bulls are coming? LRC looking Bullish since it already got rejected twice at a current 50 Daily EMA. On H1 chart the price consolidates around Daily Mid BB (2.2690).
Chart Pattern : Bullish Flag
The price need to close above 2.2690 to continue it bullish momentum targeting 2.4000.
If the bulls is strong ,the next destination is around 2.7235.
If the Bulls fails to close above 2.2690. Bears will take control targeting the 50 Daily EMA which also at H1 50% Fib Retracement level at 2.1520.
This is just my analysis and opinion.
Wish you have a nice day. Hope this would help.
Loop LongLRC is in a daily uptrend and is forming a descending wedge into a 4H support and demand level
Just had a 4H market stucture change with a HL & HH formed. Looking to catch the next HL.
BTC in a precarious spot. Bearish on BTC but really like the look of this long.
Could be holding onto emotions with Loop cos it was very good to me after buying at 40c
LRCUSDT | Getting Ready for Another Bullish Wave..!!
#LRCUSDT (Update)
Forming Falling Wedge Pattern in Daily timeframe Chart..
Getting Ready for Another Bullish Wave so Don't miss the Ride..!!
In case of Upside Breakout, Midterm Target Would be ~4$
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