🔥 Loopring Bullish Channel: Reversal Soon?

Since the massive drop last week, LRC has seen quite the bullish reversal, gaining over 80% in the process.

However, the price seems to be in a free-fall since hitting the top of the channel. I'm looking at the channel's support area for a potential entry. Be aware that if BTC will remain bearish for the remained of the day we might fall straight through this channel. Overall market sentiment is key.

Happy trading!
Bitcoin (Cryptocurrency)BTCChart PatternsCryptocurrencyTechnical IndicatorsloopringLRCTrend Analysisusdt

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