Potential LRCUSD LONG• I maintain my position that I have not seen any price action that would suggest LRCUSD establishing a new ATH.
• That being said, LRCUSD is indeed reaching rather attractive levels to consider DCAing in.
• Though LRCUSD might start dumping further, daily RSI is nearing record lows.
• Strategy A. Long if LRCUSD breaks above the parallel channel and closes 2 daily candles above.
• Strategy B. DCA in, if LRCUSD breaks $0.83, and in incremental proportions, in-between $0.83-$0.57.
• The maintenance of mental frame is much more important than any immediate profit and loss.
• For LRCUSD, maintain mental frame by removing all expectations of any GME announcements from your mind. There is a huge difference between news and rumours. And as we know, fundamentals lag technicals.
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