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PolarHusk
25 set 2020 19:51

LRC/BTC (Sign of Weakness?) 

Loopring / BitcoinBinance

Descrizione

💎Technical Analysis Summary💎


BINANCE: LRCBTC


-Looping is trading within a rising wedge on an RSI divergence
-This is technically Bearish in terms of chart pattern
-It is still unconfirmed until the upward trendline is broken down
-I recommend to Sell if a Bearish candle closes below 2k sat
-The downside target is the previous Resistance/Support at the 1400s sat
-Wait for the confirmation and don't rush into the trade without a plan





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Commenti
JTCoins
Appreciate your work!
What is your view on LRC now, if I may ask?
BobRivera990
Thanks for your good analysis
Can you analyze Link/USD chart?
PolarHusk
@BobRivera990, thanks, will do next time :)
BobRivera990
@PolarHusk, tank you very much <3
PolarHusk
InkyGrip
nice chart 🦐
PolarHusk
@plancton0618, thanks!
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