LRCUSDT trade ideas
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Repeating some loops, Loopring?What seemed to be some slow growth with those loops up and down turns out be an admireable 3x upswing for LRC in one month. If the same pattern is repeated once more a great place to enter is at 0.7. Expected target with that pattern would be at 1 dollar. Remember, these patterns might subject to change without notice :)
Trade safe and take care
Cheers, Whoop
Loopring; a breakout or a possible rejectionWarning; our thoughts are ours; not financial advice.
In our opinion, Loopring (LRC) joins a host of other assets that have to make a critical decision today or in the coming days, either to break up to the upside or totally reject the upper side of the uptrend channel.
If today's candle closes above the channel, some bullish days ahead. If not, we should expect a decline back to the lower part of the channel.