Long

LRC BTC LOOPRING KEY LEVELS

Updated

Neutral on this for a day or two. My instinct tells me that we won't move up like this before another test of the resistance and then support first.

Note

Reached the end of the triangle. We will enter with half of our intended stack above 10200 satoshi and the rest above 11000 satoshis.

Note

First target is 15900 satoshi. Once we reach this we will most likely test resistance and move lower. We will be conservative and sell just before this. Will consider reentry at 14k level to ride up to the next target above 19k

Note

Could go both ways at this point. It is riding resistance and could break it, but if it doesnt we may test the lowest triangle support or the next horizontal support near 8400 satoshis. We will monitor for a day. Too hard do make a decision at this point. There is just not enough info in our favor.

Note

We will enter above 11000 satoshis.

Marijuana

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.