Just a simple post to highlight 2 things:
1) The LRC pump is not over yet
2) LRCETH pumps often herald subsequent explosive ETHUSDT pumps
1) The LRC pump is not over yet
2) LRCETH pumps often herald subsequent explosive ETHUSDT pumps
Nota
Looking forward to the Dec close.Nota
• That was a good monthly close. The descending parallel channel that LRCETH has been in since Apr'18 has held.• If history were any indication, then let's be patient and wait for the following (in no particular order): 1) LRCETH weekly close below the topline of the parallel channel; 2) LRCETH dumping; 3) ETHUSDT pumping.
• L2 is needed, and LRC's L2 protocol is a good one. But I can't figure any other reason why it needs to be tokenised except for profitability. That's not a bad reason to be honest, but I really wonder...
Nota
• LRCETH indeed closed below the topline.• Daily open and close below the topline.
• The weekly is currently trying to break it (with low volume).
• Let's see if ETH can hold the line.
• If so, bullish for ETH and adds weight to the hypothesis that LRC is a liquidity handmaiden for ETH, euphemistically and metaphorically speaking.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.