LRC/USDT – Horizontal channel. Continuing to work.Loopring - is an open protocol designed for building decentralized crypto exchanges.
CoinMarketCap : #262
Since the publication of my trading idea, the price has reached the resistance zone of the inner channel at $0.3338 (+158%). From there, it retraced back to the support of the outer channel, following the overall market movement.
I've marked potential liquidity grabs (wicks) as well as future target zones in case of a trend reversal on the chart.
Remember, if you're feeling scared right now, so is everyone else. Many have lost faith in a market recovery. Typically, these are strong triggers for position accumulation.
There's no need to guess where the price will go—just build your strategy and follow it.
My previous idea generated solid profit, and I'm now reinvesting from profits using compound interest.