Possible cup and handle pattern on the 1h chart
If it closes below 1.50 we would see a possibly cup and handle pattern forming in the 1h chart which will probably but not certainly result in an upward trend.
Note
Yep, the price did go as I predicted.I managed to get in @ 1.30 and I am bullish on it especially with the soon to come announcement of LRC x GME.
It's going to be big and I am expecting the price to reach 40-45, but again nothing is certain and it might go down aswell.
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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.