TAO7

Trend + Support + BTC situation

Short
BINANCE:LRCBTC   Loopring / Bitcoin
A converging trend near to the end can be spotted.
In the last 2/3 days volumes confirmed downtrend and we basically withstood to a "Shield against Shield" of Placed Order/Sell.
This characteristic is common to many coins in the last days due to the BTC conditions.

We would expect an uptrend or a substantial flattering of the market.

LRC seems a nice project but I need to expand my knowledge on the subject.
(PRO: can interface with every blockchain which supports Smart Contract)

Feel free to Comment and share your opinion
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.